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Retirement Plan Disaster Assistance May Be Available for Several States
Ascensus
[Guidance Overview] Jan. 29, 2026 "[FEMA] issued Major Disaster Declarations on January 23 and January 24 for [twelve] states relative to winter storms.... For a limited period of time following a disaster declaration, eligible IRA owners and employer plan participants may take qualified disaster recovery distributions and recontribute qualified home purchase distributions that they recently received. In addition, plan participants may qualify for plan loan relief and additional hardship distributions." MORE >> |
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