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Empower Retirement Urges Congress to Enact Disaster Relief for Retirement Savers
Empower Retirement 
[Opinion] Mar. 19, 2020 "Empower Retirement is asking the U.S. Department of Treasury and the [IRS] for regulatory guidance and relief packages for Americans saving for retirement.... Empower is asking to allow: [1] Retirement plan participants to withdraw retirement savings early without a 10 percent tax. [2] Qualified disaster distributions in income over three years. [3] Withdrawals up to $100,000 from their qualified retirement plans with the income tax for the withdrawal spread out over three years." |
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