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

Featured Jobs

Retirement Plan Administrator

Pattison Pension
(Albuquerque NM / Hybrid)

Pattison Pension logo

Retirement Plan Consultant

MAP Retirement
(Remote)

MAP Retirement logo

Plan Administrator, Defined Benefit & Cash Balance

The Pension Source
(Remote / Stuart FL / NY / TX / Hybrid)

The Pension Source logo

Strategic Retirement Plan Consultant

Retirement Plan Consultants
(Urbandale IA / Des Moines IA)

Retirement Plan Consultants logo

Regional Vice President, Sales

MAP Retirement
(Remote)

MAP Retirement logo

Defined Benefit Plan Consultant/Actuarial Analyst

Sentinel Group
(Remote / Everett MA)

Sentinel Group logo

Temporary Document Specialist

BPAS
(Utica NY)

BPAS logo

Data Administrator II

DWC - The 401(k) Experts
(Remote)

DWC - The 401(k) Experts logo

Plan Consultant - DB/CB

MAP Retirement
(Remote)

MAP Retirement logo

Retirement Relationship Manager

MAP Retirement
(Remote)

MAP Retirement logo

Retirement Plan Consultant

Sentinel Group
(Remote / Everett MA)

Sentinel Group 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).