H.R. 2163, introduced in the House of Representatives, seeks to change the Internal Revenue Code to help fraud victims. The bill would let individuals who are victims of fraud withdraw money from their retirement accounts without facing early withdrawal penalties. To qualify, individuals need...
Simple Explanation
H.R. 2163 is a plan to help people who have been tricked out of their money by letting them take money from their savings early without getting in trouble. To do this, they need proof from the police, and they want to tell more people about it so they know how to get help.