I didn't know this:
Institutional investment is ramping up. Due to the COVID 'emergency' many people are being allowed to tap into their retirement accounts without the associated penalties.
Wow you would think my broker would let me know. Now I have to decide, do I hold onto the dividend paying stocks I bought at all time lows in March when I discovered a huge cash position in my IRA I was saving for a crash that actually happened and buy Bitcoin on the next dip?
Decisions...decisions... I need more information...@nealmcspadden have you done a post on this?
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Perhaps your broker has a financial incentive to keep his mouth shut :D
I am curious if you can confirm.
Ha Ha
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https://leofinance.io/@shortsegments/irs-retirement-plan-covid-19-hardship-withdrawals-usa-taxpayers
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