The Internal Revenue Service streamlined the rules Tuesday to make it easier for 401(k)s and similar employer-sponsored retirement plans to make loans and hardship distributions to victims of Hurricane Irma and members of their families.
The relief is similar to relief provided recently to victims of Hurricane Harvey. The IRS is also providing tax-filing and payment relief to Irma victims (see IRS offers tax filing relief to Hurricane Irma victims in Florida and Puerto Rico).
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access