Feigenbaum Law

retirement plan funds

Hurricane Harvey

Personal Tax Planning

IRS Announces Policy Change to Access to Retirement Plan Funds for Hurricane Harvey Victims

With weather-related catastrophes ongoing in the United States, the IRS recently announced a loosening of the rules that normally restrict a retirement plan participant’s access to their retirement funds for residents in areas of Texas affected by Hurricane Harvey. In Announcement 2017-11 (the Announcement), the IRS outlined a relief plan for taxpayers who have been adversely affected by Hurricane Harvey, and who have retirement assets in qualified employer plans that they would… Read More