Rule expands penalty-free early 401(k) withdrawals — but new use ‘might not be practical,’ advisor says

A provision from the 2022 Secure Act 2.0 is now in effect that allows limited penalty-free withdrawals from 401(k)s to pay long-term care insurance premiums.

Rule expands penalty-free early 401(k) withdrawals — but new use ‘might not be practical,’ advisor says
A provision from the 2022 Secure Act 2.0 is now in effect that allows limited penalty-free withdrawals from 401(k)s to pay long-term care insurance premiums.

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