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May 17, 2022
Question

The question, Have you ever taken a disaster distribution before2021? are they asking about the Covid funds that were sent out or other?

  • May 17, 2022
  • 2 replies
  • 0 views
The question, Have you ever taken a disaster distribution before2021? are they asking about the Covid funds that were sent out or other?

2 replies

Employee
May 17, 2022

No.   That question has nothing to do with the stimulus checks that were issued.   The question pertains to whether you took money out of a retirement account.   If you did not take money out of a retirement account then say NO to that question.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Employee
May 18, 2022

There are some reasons besides COVID that you would be allowed to make an early withdrawal from a retirement account, such as your home is damaged in a hurricane or other federally declared disaster.  That's what the question is asking about.