Time is jogging out to repay Covid-period 401(k), IRA withdrawals — and claim a tax refund

Essential Points

The CARES Act, a federal pandemic-aid regulation, allowed investors to withdraw up to $100,000 in coronavirus-related distributions from 401(k) options and individual retirement accounts in 2020.
These CRDs carried tax advantages. If an trader repaid all or part of a distribution in just a few decades, they could declare a tax refund for the profits taxes compensated on the withdrawal.
That a few-calendar year clock is working out for a lot of folks.

Resource

Finance

Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more

June 27, 2025

Check out the companies making headlines in midday trading Nike — Shares of the sneaker giant jumped about 17% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, […]

Finance

Ron Baron says he will never sell SpaceX in his lifetime

June 27, 2025

Source

Finance

Stocks making the biggest moves premarket: Nike, Core Scientific, Pony.ai and more

June 27, 2025

Check out the companies making headlines before the bell. Nike — Shares of the sneaker giant jumped 10% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, and […]