Delay in Payment of Required Contributions to Single-Employer Pension Plans 

Ten Percent Tax on Early Distributions The 10% tax that generally applies to distributions prior to age 59-1/2 from tax qualified retirement plans will not apply to any Coronavirus-related distribution, assuming this does not exceed $100,000. Amounts can be re-contributed back to the qualified plan within a three year time frame. Qualified Plan Loans A … Continue reading Delay in Payment of Required Contributions to Single-Employer Pension Plans