CARES Act 401k Withdrawal - Permitted, But Avoid?

Everyone is feeling the pinch of COVID-19 financially. If you’ve been hit especially hard, you may be looking at ways to leverage savings and investments to bridge the gap. The CARES Act opened up one such avenue in to 401k savings — withdrawals of up to $100,000 will not be subject to the standard 10% early withdrawal penalty for individuals under 59 1…