401k Penalty Free Withdrawals [Coronavirus CARES ACT]

In this video I'm talking about the guidance for Coronavirus related distributions and loans from the retirement plans under the CARES ACT. How to take up to $100,000 out of your 401k, 403b, 457 plan, IRA or other retirement plans. The two methods of taking the penalty free withdrawal are for reporting the income in either the year of distribution or over a 3 year period. In addition to taking up to $100,000 out of your 401k or other retirement plan you can also re-contribute those retirement plan dollars over a 3 year period. ----------------------------------------------------- Join this channel to get access to perks: https://bit.ly/3BNFwjZ ----------------------------------------------------- Join this channel to get access to perks: https://bit.ly/3BNFwjZ ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE http://bit.ly/2Fo21Ry Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you. Payroll Provider https://bit.ly/3ubZYra TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™ PODCAST https://bit.ly/3d0PBjO Company Website: https://www.sicklehunter.com twitter: @travissickle Instagram:   / travistsickle   Facebook:   / sicklehunterfa   LinkedIn:   / travissickle   Sickle Hunter Financial Advisors 1646 W Snow Ave. Suite 144 Tampa, FL 33606 #travissickle ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks:    / @travissickle   Chat on discord: Join Link   / discord   Support on Patreon:   / travissickle   Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE http://bit.ly/2Fo21Ry Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you. TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP® CERTIFIED FINANCIAL PLANNER™ Company Website: https://www.sicklehunter.com twitter: @travissickle Instagram:   / travistsickle   Facebook:   / sicklehunterfa   LinkedIn:   / travissickle   Sickle Hunter Financial Advisors 1646 W Snow Avenue Suite 144 Tampa, FL 33606 Check out Google Business Profile https://g.page/r/CXEtUMZmXslnEAE ------------------------------------------------------- Gear Used in Videos https://bit.ly/3bUPvXP Partnership referral links Aura Identity Theft Protection Up to 50% off HTTPS://www.aura.com/travis Bitcoin IRA https://bitcoinira.pxf.io/75aJQQ https://bit.ly/3OPpmjZ All Amazon links are affiliate links ____________________________________________________________________________ Information in this video is for educational and entertainment purposes only. sicklehunter.com/disclosures ____________________________________________________________________________ #travissickle