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IRS Clarifies Emergency Distributions Tax ExceptionsWilliams Mullen |
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July 11, 2024 On-Demand Podcast |
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On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses the new IRS guidance regarding certain exceptions to the 10% early distribution tax under IRC 72(t). He will share background on emergency personal expense and domestic abuse victim distributions exceptions, any limitations, and steps plan administrators should take to ensure they are complying with this guidance. |