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Debate: Should the EARN Act Let Savers Tap 401(k)s to Pay for Long Term Care Insurance?
ThinkAdvisor 
[Opinion] Sept. 21, 2022 "In its current form, the Enhancing American Retirement Now (EARN) Act would allow retirement savers to withdraw up to $2,500 in retirement plan assets each year to cover the cost of long-term care insurance premiums without paying the otherwise applicable early withdrawal penalties.... [ThinkAdvisor] asked two professors and authors of ALM's Tax Facts with opposing political viewpoints to share their opinions about the narrow provision allowing penalty-free withdrawals to cover long-term care insurance." |
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