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Donnerstag, 15.04. '21, 06:46
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SEC.gov Investor Alert Logo
SEC.gov Investor Alert am 04.06.2020 00:41:23

Investor Alerts and Bulletins

Zusammenfassung: ... The CARES Act of 2020 provides significant relief for businesses and individuals affected by the COVID-19 pandemic. This includes allowing retirement investors affected by the coronavirus to gain access to up to $100,000 of their retirement savings without being subject to early withdrawal penalties and with an expanded window for paying the income tax they owe on the amounts they withdraw. Unfortunately, unscrupulous promoters have used these CARES Act benefits to encourage investors to take money from their 401(k)s or traditional IRAs, not for current emergency financial needs, but to buy investments (often riskier ones) in an account at a firm the promoter recommends or in the investor’s existing account. ...

Schlagwörter: COVID-19-related, Unfortunately, Withdrawing, Importantly, Ordinarily


Link zu den Schlagzeilen bei SEC.gov Investor Alert: COVID-19 Related Early Withdrawals from Retirement Accounts—Be Careful of Fraudsters and other Bad Actors Targeting Your Retirement Savings

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Link zum Artikel bei SEC.gov Investor Alert: COVID-19 Related Early Withdrawals from Retirement Accounts—Be Careful of Fraudsters and other Bad Actors Targeting Your Retirement Savings