The $320 Million Retirement Mistake Americans Are Making
The coronavirus pandemic has been incredibly costly for millions of people across the country. More than 45 million Americans have filed for unemployment benefits since the start of the pandemic, and although some states have started slowly reopening businesses, many people are still struggling to make ends meet.
The CARES Act aimed to help those who are facing financial hardship due to COVID-19, and it includes a provision that allows Americans to withdraw up to $100,000 from their retirement accounts without facing an early withdrawal penalty.
Source Fool.com
