Here’s When You Can Tap Your IRA or 401(k) Early Without Penalty
From Wall Street Journal:
The Secure 2.0 Act has passed, allowing exemptions for retirement-account distributions before age 59 ½ for reasons such as natural disasters and terminal illness. This provides more flexibility for individuals facing these challenging circumstances, allowing them to access their retirement funds as needed. As a result, it may offer additional financial support for those in crisis situations.
Read more: Here’s When You Can Tap Your IRA or 401(k) Early Without Penalty