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Research Library

Center for Public Finance

New parents and their 401Ks

Joyce Beebe

New parents and their 401Ks.

Fellow Joyce Beebe evaluates a provision of the newly passed SECURE Act, which offers an option for penalty-free withdrawal from IRAs and 401(k)s for new parents. She also discusses Congress’s recent decision to grant 2.1 million federal workers up to 12 weeks paid parental leave. Baker Institute Blog: http://bit.ly/2RZIIUJ