Retirement changes in the economic stimulus legislation.

The law tem­porarily loosens the rules on hard-ship dis­tri­b­u­tions from retire­ment ac­counts, giv­ing peo­ple af­fected by the cri­sis ac­cess to up to $100,000 of their re­tire­ment sav­ings with­out a 10% penalty. The law doubles the amount 401(k) par­tic­i­pants can take in loans from an ac­count for the next six months to the lower of $100,000 or 100% of the ac­count balance. (IRAs don’t permit loans.)

For re­tirees, the law sus­pends for 2020 the manda­tory dis­tri­b­u­tions the government re­quires most to take from tax-de­ferred 401(k)s and in­di­vid­ual retirement ac­counts start­ing at ei­ther age 70½ or age 72. Source: WSJ 3-25-20