Jonathan Burton’s Life Savings: Workers need full access to 401(k) and IRA retirement savings now to combat coronavirus hit

The coronavirus threat to Americans is massive, and so will be the resulting economic hit. You’re going to need enough cash to cover monthly living expenses for the next year, at least.

To help millions of Americans weather this crisis, Congress should immediately waive early withdrawal penalties and income taxes for all 401(k) retirement plans, for amounts up to $25,000 over the next 12…

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