CCH Tax Day Report The IRS has announced streamlined procedures for loans and distributions from retirement plans in order to help benefit victims of Hurricane Matthew. 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 use […]
The post IRS Eases Requirements for Retirement Plan Loans, Distributions for Victims of Hurricane Matthew (IR-2016-138; Ann. 2016-39) appeared first on Tax & Accounting Blog.