The IRS has announced streamlined procedures for loans and distributions from retirement plans to help victims of Hurricane Harvey. Participants in 401(k) plans, employees of public schools and tax-exempt organizations with 403(b) tax-sheltered annuities and state and local government employees with 457(b) deferred-compensation plans may be able to use these streamlined loan procedures and liberalized […]
The post IRS Eases Requirements for Retirement Plan Loans, Distributions for Victims of Hurricane Harvey (IR-2017-138; Ann. 2017-11) appeared first on Tax & Accounting Blog.