Utah Couple Laid Off from IRS Amid Federal Job Cuts — Tips for Protecting Your Retirement Savings

Reported 3 days ago

A couple from Utah has lost their IRS jobs due to significant layoffs mandated by the Trump administration as part of budget cuts. With many federal employees facing uncertainty, it's crucial to avoid withdrawing retirement savings prematurely, which can incur taxes and penalties. Instead, consider rolling over to an IRA and maintaining contributions to safeguard your financial future during job transitions.

Source: YAHOO

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