Over the last year, millions of American workers have experienced financial uncertainty caused by the sudden and unexpected loss of employment. So, where can someone access needed cash after exhausting stimulus checks and unemployment benefits? Congress responded through the CARES Act. Now you can withdraw up to $100,000 from your 401(k) and IRAs without the 10% penalty. The question is: should you do it and what can you do with the money? It's a limited-time offer, so make sure you act before time runs out. Tune in for another educational talk that could guide you on the path to wise financial decisions.
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