Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Frank Pension Consultants, Ltd.
(Lincolnshire IL)

Frank Pension Consultants, Ltd. logo

Pension Administrator

PPS Pension Services
(Remote / Williamsville NY / Hybrid)

PPS Pension Services logo

Relationship Manager for Defined Benefits

Daybright Financial
(Remote)

Daybright Financial logo

Relationship Manager for Defined Contributions 2

Daybright Financial
(Remote)

Daybright Financial logo

Relationship Manager - Defined Contributions

Daybright Financial
(Remote)

Daybright Financial logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

Compliance Consultant

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Relationship Manager

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Text of Circular Letter 2020-23: Special Distributions from Qualified Retirement Plans and Individual Retirement Accounts
Puerto Rico Departamento De Hacienda Link to more items from this source
[Official Guidance]
Mar. 30, 2020

"The [Puerto Rico Department of the Treasury] determines that, for the purposes of the Special Disaster Distributions established in CC RI 20-09, any expenses incurred to correct losses or damages suffered and extraordinary and unforeseen expenses to cover basic needs as a consequence of the emergency declared by COVID-19 including the loss of income due to the curfew declared by the Governor, will be considered as Eligible Expenses. Therefore, a distribution that meets the requirements established in CC RI 20-09 and that is used to defray the expenses indicated above related to the Coronavirus emergency, will be considered a Special Disaster Distribution. This determination, like CC RI 20-09, applies to residents of the 78 municipalities of Puerto Rico."  MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).