<!DOCTYPE html><html lang="en"><head><base href="/"><title>Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened</title><meta charset="UTF-8"><meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1"><meta name="viewport" content="width=device-width,initial-scale=1,maximum-scale=1,user-scalable=no"><link rel="canonical" itemprop="url" href="https://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/"><script>!function(e){function n(r){if(t[r])return t[r].exports;var o=t[r]={i:r,l:!1,exports:{}};return e[r].call(o.exports,o,o.exports,n),o.l=!0,o.exports}var r=window.webpackJsonp;window.webpackJsonp=function(t,c,a){for(var i,u,f,d=0,s=[];d<t.length;d++)u=t[d],o[u]&&s.push(o[u][0]),o[u]=0;for(i in c)Object.prototype.hasOwnProperty.call(c,i)&&(e[i]=c[i]);for(r&&r(t,c,a);s.length;)s.shift()();if(a)for(d=0;d<a.length;d++)f=n(n.s=a[d]);return f};var t={},o={6:0};n.e=function(e){function r(){i.onerror=i.onload=null,clearTimeout(u);var n=o[e];0!==n&&(n&&n[1](new Error("Loading chunk "+e+" failed.")),o[e]=void 0)}var t=o[e];if(0===t)return new Promise(function(e){e()});if(t)return t[2];var c=new Promise(function(n,r){t=o[e]=[n,r]});t[2]=c;var a=document.getElementsByTagName("head")[0],i=document.createElement("script");i.type="text/javascript",i.charset="utf-8",i.async=!0,i.timeout=12e4,n.nc&&i.setAttribute("nonce",n.nc),i.src=n.p+""+{0:"b3056f14109d40f516b9",1:"0d7683a639ce670fd024",2:"592cd7ae7764dbb9d67f",3:"884eb8a9dbd3716da69c",4:"a17266e441f78003f801",5:"034810b611074dbb7c5b"}[e]+"."+e+".chunk.js";var u=setTimeout(r,12e4);return i.onerror=i.onload=r,a.appendChild(i),c},n.m=e,n.c=t,n.d=function(e,r,t){n.o(e,r)||Object.defineProperty(e,r,{configurable:!1,enumerable:!0,get:t})},n.n=function(e){var r=e&&e.__esModule?function(){return e.default}:function(){return e};return n.d(r,"a",r),r},n.o=function(e,n){return Object.prototype.hasOwnProperty.call(e,n)},n.p="https://i.forbesimg.com/ng2/",n.oe=function(e){throw console.error(e),e}}([])</script><script type="text/javascript" src="https://i.forbesimg.com/ng2/592cd7ae7764dbb9d67f.polyfills.js" defer="defer"></script><script type="text/javascript" src="https://i.forbesimg.com/ng2/884eb8a9dbd3716da69c.vendors.js" defer="defer"></script><script type="text/javascript" src="https://i.forbesimg.com/ng2/034810b611074dbb7c5b.fbs.js" defer="defer"></script><script type="text/javascript" src="https://i.forbesimg.com/ng2/a17266e441f78003f801.app.js" defer="defer"></script><style ng-transition="ng-templates">html{font-family:sans-serif;line-height:1.15;-ms-text-size-adjust:100%;-webkit-text-size-adjust:100%}body{margin:0}article,aside,footer,header,nav,section{display:block}h1{font-size:2em;margin:0.67em 0}figcaption,figure,main{display:block}figure{margin:1em 40px}hr{box-sizing:content-box;height:0;overflow:visible}pre{font-family:monospace, monospace;font-size:1em}a{background-color:transparent;-webkit-text-decoration-skip:objects}a:active,a:hover{outline-width:0}abbr[title]{border-bottom:none;text-decoration:underline;text-decoration:underline dotted}b,strong{font-weight:inherit}b,strong{font-weight:bolder}code,kbd,samp{font-family:monospace, monospace;font-size:1em}dfn{font-style:italic}mark{background-color:#ff0;color:#000}small{font-size:80%}sub,sup{font-size:75%;line-height:0;position:relative;vertical-align:baseline}sub{bottom:-0.25em}sup{top:-0.5em}audio,video{display:inline-block}audio:not([controls]){display:none;height:0}img{border-style:none}svg:not(:root){overflow:hidden}button,input,optgroup,select,textarea{font-family:sans-serif;font-size:100%;line-height:1.15;margin:0}button,input{overflow:visible}button,select{text-transform:none}button,html [type="button"],[type="reset"],[type="submit"]{-webkit-appearance:button}button::-moz-focus-inner,[type="button"]::-moz-focus-inner,[type="reset"]::-moz-focus-inner,[type="submit"]::-moz-focus-inner{border-style:none;padding:0}button:-moz-focusring,[type="button"]:-moz-focusring,[type="reset"]:-moz-focusring,[type="submit"]:-moz-focusring{outline:1px dotted ButtonText}fieldset{border:1px solid #c0c0c0;margin:0 2px;padding:0.35em 0.625em 0.75em}legend{box-sizing:border-box;color:inherit;display:table;max-width:100%;padding:0;white-space:normal}progress{display:inline-block;vertical-align:baseline}textarea{overflow:auto}[type="checkbox"],[type="radio"]{box-sizing:border-box;padding:0}[type="number"]::-webkit-inner-spin-button,[type="number"]::-webkit-outer-spin-button{height:auto}[type="search"]{-webkit-appearance:textfield;outline-offset:-2px}[type="search"]::-webkit-search-cancel-button,[type="search"]::-webkit-search-decoration{-webkit-appearance:none}::-webkit-file-upload-button{-webkit-appearance:button;font:inherit}details,menu{display:block}summary{display:list-item}canvas{display:inline-block}template{display:none}[hidden]{display:none}*,*:before,*:after{box-sizing:border-box}html,body{width:100%;height:100%;font-family:"Avenir","Noto Sans","Droid Sans","Helvetica Neue",Corbel,Helvetica,Arial,sans-serif;text-rendering:optimizeLegibility;-webkit-font-feature-settings:'kern';font-feature-settings:'kern';-webkit-font-kerning:normal;-moz-font-kerning:normal;font-kerning:normal;-webkit-font-variant-ligatures:common-ligatures;font-variant-ligatures:common-ligatures}img{width:auto;max-width:100%;height:auto !important;display:block}figure{margin:0}figure img{display:block;max-width:100%}a{cursor:pointer;color:inherit}button{border:none;outline:none;padding:0;background:none;cursor:pointer}i,em{font-style:italic}b,strong{font-weight:bold}table{border-collapse:collapse;border-spacing:0}p a{color:#003891}p a:hover{text-decoration:underline}.container{margin-right:auto;margin-left:auto;padding-left:15px;padding-right:15px}.container:before,.container:after{content:" ";display:table}.container:after{clear:both}@media (min-width: 768px){.container{width:750px}}@media (min-width: 1024px){.container{width:970px}}@media (min-width: 1230px){.container{width:1170px}}.container-fluid{margin-right:auto;margin-left:auto;padding-left:15px;padding-right:15px}.container-fluid:before,.container-fluid:after{content:" ";display:table}.container-fluid:after{clear:both}.row{margin-left:-15px;margin-right:-15px}.row:before,.row:after{content:" ";display:table}.row:after{clear:both}.col-xs-1,.col-sm-1,.col-md-1,.col-lg-1,.col-xs-2,.col-sm-2,.col-md-2,.col-lg-2,.col-xs-3,.col-sm-3,.col-md-3,.col-lg-3,.col-xs-4,.col-sm-4,.col-md-4,.col-lg-4,.col-xs-5,.col-sm-5,.col-md-5,.col-lg-5,.col-xs-6,.col-sm-6,.col-md-6,.col-lg-6,.col-xs-7,.col-sm-7,.col-md-7,.col-lg-7,.col-xs-8,.col-sm-8,.col-md-8,.col-lg-8,.col-xs-9,.col-sm-9,.col-md-9,.col-lg-9,.col-xs-10,.col-sm-10,.col-md-10,.col-lg-10,.col-xs-11,.col-sm-11,.col-md-11,.col-lg-11,.col-xs-12,.col-sm-12,.col-md-12,.col-lg-12{position:relative;min-height:1px;padding-left:15px;padding-right:15px}.col-xs-1,.col-xs-2,.col-xs-3,.col-xs-4,.col-xs-5,.col-xs-6,.col-xs-7,.col-xs-8,.col-xs-9,.col-xs-10,.col-xs-11,.col-xs-12{float:left}.col-xs-1{width:8.33333%}.col-xs-2{width:16.66667%}.col-xs-3{width:25%}.col-xs-4{width:33.33333%}.col-xs-5{width:41.66667%}.col-xs-6{width:50%}.col-xs-7{width:58.33333%}.col-xs-8{width:66.66667%}.col-xs-9{width:75%}.col-xs-10{width:83.33333%}.col-xs-11{width:91.66667%}.col-xs-12{width:100%}.col-xs-pull-0{right:auto}.col-xs-pull-1{right:8.33333%}.col-xs-pull-2{right:16.66667%}.col-xs-pull-3{right:25%}.col-xs-pull-4{right:33.33333%}.col-xs-pull-5{right:41.66667%}.col-xs-pull-6{right:50%}.col-xs-pull-7{right:58.33333%}.col-xs-pull-8{right:66.66667%}.col-xs-pull-9{right:75%}.col-xs-pull-10{right:83.33333%}.col-xs-pull-11{right:91.66667%}.col-xs-pull-12{right:100%}.col-xs-push-0{left:auto}.col-xs-push-1{left:8.33333%}.col-xs-push-2{left:16.66667%}.col-xs-push-3{left:25%}.col-xs-push-4{left:33.33333%}.col-xs-push-5{left:41.66667%}.col-xs-push-6{left:50%}.col-xs-push-7{left:58.33333%}.col-xs-push-8{left:66.66667%}.col-xs-push-9{left:75%}.col-xs-push-10{left:83.33333%}.col-xs-push-11{left:91.66667%}.col-xs-push-12{left:100%}.col-xs-offset-0{margin-left:0%}.col-xs-offset-1{margin-left:8.33333%}.col-xs-offset-2{margin-left:16.66667%}.col-xs-offset-3{margin-left:25%}.col-xs-offset-4{margin-left:33.33333%}.col-xs-offset-5{margin-left:41.66667%}.col-xs-offset-6{margin-left:50%}.col-xs-offset-7{margin-left:58.33333%}.col-xs-offset-8{margin-left:66.66667%}.col-xs-offset-9{margin-left:75%}.col-xs-offset-10{margin-left:83.33333%}.col-xs-offset-11{margin-left:91.66667%}.col-xs-offset-12{margin-left:100%}@media (min-width: 768px){.col-sm-1,.col-sm-2,.col-sm-3,.col-sm-4,.col-sm-5,.col-sm-6,.col-sm-7,.col-sm-8,.col-sm-9,.col-sm-10,.col-sm-11,.col-sm-12{float:left}.col-sm-1{width:8.33333%}.col-sm-2{width:16.66667%}.col-sm-3{width:25%}.col-sm-4{width:33.33333%}.col-sm-5{width:41.66667%}.col-sm-6{width:50%}.col-sm-7{width:58.33333%}.col-sm-8{width:66.66667%}.col-sm-9{width:75%}.col-sm-10{width:83.33333%}.col-sm-11{width:91.66667%}.col-sm-12{width:100%}.col-sm-pull-0{right:auto}.col-sm-pull-1{right:8.33333%}.col-sm-pull-2{right:16.66667%}.col-sm-pull-3{right:25%}.col-sm-pull-4{right:33.33333%}.col-sm-pull-5{right:41.66667%}.col-sm-pull-6{right:50%}.col-sm-pull-7{right:58.33333%}.col-sm-pull-8{right:66.66667%}.col-sm-pull-9{right:75%}.col-sm-pull-10{right:83.33333%}.col-sm-pull-11{right:91.66667%}.col-sm-pull-12{right:100%}.col-sm-push-0{left:auto}.col-sm-push-1{left:8.33333%}.col-sm-push-2{left:16.66667%}.col-sm-push-3{left:25%}.col-sm-push-4{left:33.33333%}.col-sm-push-5{left:41.66667%}.col-sm-push-6{left:50%}.col-sm-push-7{left:58.33333%}.col-sm-push-8{left:66.66667%}.col-sm-push-9{left:75%}.col-sm-push-10{left:83.33333%}.col-sm-push-11{left:91.66667%}.col-sm-push-12{left:100%}.col-sm-offset-0{margin-left:0%}.col-sm-offset-1{margin-left:8.33333%}.col-sm-offset-2{margin-left:16.66667%}.col-sm-offset-3{margin-left:25%}.col-sm-offset-4{margin-left:33.33333%}.col-sm-offset-5{margin-left:41.66667%}.col-sm-offset-6{margin-left:50%}.col-sm-offset-7{margin-left:58.33333%}.col-sm-offset-8{margin-left:66.66667%}.col-sm-offset-9{margin-left:75%}.col-sm-offset-10{margin-left:83.33333%}.col-sm-offset-11{margin-left:91.66667%}.col-sm-offset-12{margin-left:100%}}@media (min-width: 1024px){.col-md-1,.col-md-2,.col-md-3,.col-md-4,.col-md-5,.col-md-6,.col-md-7,.col-md-8,.col-md-9,.col-md-10,.col-md-11,.col-md-12{float:left}.col-md-1{width:8.33333%}.col-md-2{width:16.66667%}.col-md-3{width:25%}.col-md-4{width:33.33333%}.col-md-5{width:41.66667%}.col-md-6{width:50%}.col-md-7{width:58.33333%}.col-md-8{width:66.66667%}.col-md-9{width:75%}.col-md-10{width:83.33333%}.col-md-11{width:91.66667%}.col-md-12{width:100%}.col-md-pull-0{right:auto}.col-md-pull-1{right:8.33333%}.col-md-pull-2{right:16.66667%}.col-md-pull-3{right:25%}.col-md-pull-4{right:33.33333%}.col-md-pull-5{right:41.66667%}.col-md-pull-6{right:50%}.col-md-pull-7{right:58.33333%}.col-md-pull-8{right:66.66667%}.col-md-pull-9{right:75%}.col-md-pull-10{right:83.33333%}.col-md-pull-11{right:91.66667%}.col-md-pull-12{right:100%}.col-md-push-0{left:auto}.col-md-push-1{left:8.33333%}.col-md-push-2{left:16.66667%}.col-md-push-3{left:25%}.col-md-push-4{left:33.33333%}.col-md-push-5{left:41.66667%}.col-md-push-6{left:50%}.col-md-push-7{left:58.33333%}.col-md-push-8{left:66.66667%}.col-md-push-9{left:75%}.col-md-push-10{left:83.33333%}.col-md-push-11{left:91.66667%}.col-md-push-12{left:100%}.col-md-offset-0{margin-left:0%}.col-md-offset-1{margin-left:8.33333%}.col-md-offset-2{margin-left:16.66667%}.col-md-offset-3{margin-left:25%}.col-md-offset-4{margin-left:33.33333%}.col-md-offset-5{margin-left:41.66667%}.col-md-offset-6{margin-left:50%}.col-md-offset-7{margin-left:58.33333%}.col-md-offset-8{margin-left:66.66667%}.col-md-offset-9{margin-left:75%}.col-md-offset-10{margin-left:83.33333%}.col-md-offset-11{margin-left:91.66667%}.col-md-offset-12{margin-left:100%}}@media (min-width: 1230px){.col-lg-1,.col-lg-2,.col-lg-3,.col-lg-4,.col-lg-5,.col-lg-6,.col-lg-7,.col-lg-8,.col-lg-9,.col-lg-10,.col-lg-11,.col-lg-12{float:left}.col-lg-1{width:8.33333%}.col-lg-2{width:16.66667%}.col-lg-3{width:25%}.col-lg-4{width:33.33333%}.col-lg-5{width:41.66667%}.col-lg-6{width:50%}.col-lg-7{width:58.33333%}.col-lg-8{width:66.66667%}.col-lg-9{width:75%}.col-lg-10{width:83.33333%}.col-lg-11{width:91.66667%}.col-lg-12{width:100%}.col-lg-pull-0{right:auto}.col-lg-pull-1{right:8.33333%}.col-lg-pull-2{right:16.66667%}.col-lg-pull-3{right:25%}.col-lg-pull-4{right:33.33333%}.col-lg-pull-5{right:41.66667%}.col-lg-pull-6{right:50%}.col-lg-pull-7{right:58.33333%}.col-lg-pull-8{right:66.66667%}.col-lg-pull-9{right:75%}.col-lg-pull-10{right:83.33333%}.col-lg-pull-11{right:91.66667%}.col-lg-pull-12{right:100%}.col-lg-push-0{left:auto}.col-lg-push-1{left:8.33333%}.col-lg-push-2{left:16.66667%}.col-lg-push-3{left:25%}.col-lg-push-4{left:33.33333%}.col-lg-push-5{left:41.66667%}.col-lg-push-6{left:50%}.col-lg-push-7{left:58.33333%}.col-lg-push-8{left:66.66667%}.col-lg-push-9{left:75%}.col-lg-push-10{left:83.33333%}.col-lg-push-11{left:91.66667%}.col-lg-push-12{left:100%}.col-lg-offset-0{margin-left:0%}.col-lg-offset-1{margin-left:8.33333%}.col-lg-offset-2{margin-left:16.66667%}.col-lg-offset-3{margin-left:25%}.col-lg-offset-4{margin-left:33.33333%}.col-lg-offset-5{margin-left:41.66667%}.col-lg-offset-6{margin-left:50%}.col-lg-offset-7{margin-left:58.33333%}.col-lg-offset-8{margin-left:66.66667%}.col-lg-offset-9{margin-left:75%}.col-lg-offset-10{margin-left:83.33333%}.col-lg-offset-11{margin-left:91.66667%}.col-lg-offset-12{margin-left:100%}}.clearfix:before,.clearfix:after{content:" ";display:table}.clearfix:after{clear:both}.pull-right{float:right !important}.pull-left{float:left !important}.fs-hidden{display:none !important}.fs-clearfix:before,.fs-clearfix:after{content:" ";display:table}.fs-clearfix:after{clear:both}body{font-size:.9375em;-webkit-font-smoothing:antialiased}@media (min-width: 480px){body{font-size:calc(.9375em + (18 - 15) * (100vw - 480px) / (1400 - 480))}}@media (min-width: 1400px){body{font-size:1.125em}}h1,h2,h3,h4,h5,h6,ul,li,ol{-webkit-margin-before:0;-webkit-margin-after:0}h1,.fs-text-xxl{font-size:2.5rem;font-weight:normal}h2,.fs-text-xl{font-size:2rem;font-weight:normal}h3,.fs-text-l{font-size:1.5rem;font-weight:normal}h4,.fs-text-m{font-size:1.25rem;font-weight:normal}h5,.fs-text-s{font-size:0.875rem;font-weight:normal}h6,.fs-text-xs{font-size:0.75rem;font-weight:normal}small,.fs-text-xxs{font-size:0.625rem;font-weight:normal}h1.fs-responsive-text,.fs-text-xxl.fs-responsive-text{font-size:2.5em}h2.fs-responsive-text,.fs-text-xl.fs-responsive-text{font-size:2em}h3.fs-responsive-text,.fs-text-l.fs-responsive-text{font-size:1.5em}h4.fs-responsive-text,.fs-text-m.fs-responsive-text{font-size:1.25em}h5.fs-responsive-text,.fs-text-s.fs-responsive-text{font-size:0.875em}h6.fs-responsive-text,.fs-text-xs.fs-responsive-text{font-size:0.75em}.fs-text-xxs.fs-responsive-text{font-size:0.625em}.fs-headline{line-height:1.25;font-family:"Georgia","Cambria","Times New Roman","Times",serif;font-weight:normal;margin:0}.fs-text-margin{margin:1.6rem 0}ul{list-style:none;-webkit-padding-start:0}button,input,optgroup,select,textarea{font-family:inherit}.fs-text-link{color:#003891;cursor:pointer;text-decoration:none;background-image:linear-gradient(rgba(0,56,145,0.5), rgba(0,56,145,0.5));background-size:1px 1px;background-repeat:repeat-x;background-position:0 1.2em;-webkit-tap-highlight-color:transparent}.fs-text-link:before,.fs-text-link:after,.fs-text-link *,.fs-text-link *:before,.fs-text-link *:after{text-shadow:none}.fs-text-link:visited{color:#003891}.fs-text-link:hover{background-image:linear-gradient(#003891, #003891)}@media (min-width: 48rem){.fs-text-link{background-position:0 1.3em}}.fs-card{padding:1em 0}.fs-card:before,.fs-card:after{content:" ";display:table}.fs-card:after{clear:both}.fs-card-metric{font-size:0.75rem;font-weight:normal;color:gray;display:block;line-height:1;margin-bottom:1em}.fs-card-metric span{margin-right:1.5em}.fs-card-metric-type{font-weight:bold;color:#999}.fs-card-metric-time{font-style:italic;color:#666}.fs-card-metric-views{color:#333}.fs-card-thumb{width:20%;margin-right:1em;float:left;max-width:200px}.fs-card--basic .fs-card-thumb:after{background:gray;content:'';display:block;padding-top:100%;width:100%}.fs-card-info{overflow:auto}.fs-author{display:block;font-style:normal}.fs-author:before,.fs-author:after{content:" ";display:table}.fs-author:after{clear:both}.fs-author-avatar{width:20%;max-width:1em;margin-right:1em;float:left;position:relative}.fs-author-image{border:1px solid rgba(0,0,0,0.15);max-width:100%;border-radius:50%;overflow:hidden}.fs-author-badge{font-size:0.875rem;font-weight:normal;position:absolute;right:0;bottom:0}.fs-author-badge .icon-flame{background:#ffc000;border-radius:50%;width:1.5em;height:1.5em;display:inline-block;line-height:1.5em;text-align:center}.fs-author-name{font-weight:bold}.fs-author--inline{margin-top:.5em}.fs-author--inline .fs-author-info{line-height:1em}.fs-author--inline .fs-author-avatar{margin-right:.5em}.fs-author--inline .fs-author-byline{font-size:0.75rem;font-weight:normal}.fs-author--inline .fs-author-title{margin-left:.5em}.fs-card-description{font-size:0.75em;color:#4D4D4D;line-height:1.5;overflow:auto;margin:.5em 0 0;display:none}@media (min-width: 768px){.fs-card-description{display:block}}.fs-card--dark{color:#fff}.fs-card--dark .fs-author-title .icon-staff-verified{color:rgba(255,255,255,0.7)}.fs-card--cover .fs-card-content{position:relative;overflow:hidden}.fs-card--cover .fs-card-content:before{content:"";display:block;padding-bottom:56.25%}.fs-card--cover .fs-card-thumb{position:absolute;top:0;left:0;right:0;bottom:0;width:100%;margin-right:auto;float:none;max-width:none}.fs-card--cover .fs-card-thumb:after{background-image:linear-gradient(to bottom, transparent, rgba(0,0,0,0.8));bottom:0;content:'';left:0;position:absolute;right:0;top:-2em}.fs-card--cover .fs-card-info{position:absolute;left:0;right:0;bottom:0;padding:1em;z-index:1}.fs-card--cover .fs-headline{font-size:1.25em}.fs-card--cover .fs-card-thumb{background-size:cover}.fs-article{line-height:1.5;max-width:42em}.fs-article h1,.fs-article h2,.fs-article h3,.fs-article h4,.fs-article h5,.fs-article h6,.fs-article p,.fs-article ol,.fs-article pre,.fs-article table,.fs-article blockquote{margin:1.6rem 0}.fs-article>div:first-child>:first-child{margin-top:0}.fs-article a{text-decoration:none;color:#003891}.fs-article a:hover{text-decoration:underline}.fs-article .table-wrapper{margin:10px 0;overflow-x:auto}.fs-article td,.fs-article th{padding:3px 5px;vertical-align:top;font-size:0.75em}.fs-article thead tr{background:#ccc}.fs-article thead th{font-weight:bold;vertical-align:bottom;border-bottom:2px solid #fff;border-left:1px solid #fff}.fs-article tbody tr{border-bottom:2px solid #fff}.fs-article tbody tr:nth-child(odd){background:#F2F2F2}.fs-article tbody tr:nth-child(even){background:#E6E6E6}.fs-article tbody td{border-left:1px solid #fff}.fs-article tbody td p{margin:0}.fs-article tfoot td{color:#999;padding:1px;font-size:0.625em}.fs-article blockquote{position:relative;padding-left:1.75em}.fs-article blockquote:before{position:absolute;top:0;left:0;content:"\201C";color:#B3B3B3;font-size:2.5em}.article-body-image{line-height:0;position:relative}.article-body-image small{position:absolute;bottom:0;line-height:1;padding:.25em;color:#fff;background-color:rgba(0,0,0,0.5)}.fs-main-content h1.fs-headline{margin-top:1rem;margin-bottom:1rem;font-size:22px;position:relative;-webkit-font-smoothing:antialiased}@media (min-width: 480px){.fs-main-content h1.fs-headline{font-size:calc(22px + (40 - 22) * (100vw - 20rem) / (1400 - 320))}}@media (min-width: 1400px){.fs-main-content h1.fs-headline{font-size:40px}}.article-body.fs-responsive-text{font-family:"Georgia","Cambria","Times New Roman","Times",serif;font-size:17.6px;line-height:1.4em}.wp-caption-text{line-height:1.4em}@media all and (min-width: 1401px){.article-body.fs-responsive-text{font-size:21px}.fs-main-content h1.fs-headline{font-size:40.76px}}@media all and (min-width: 1025px) and (max-width: 1400px){.fs-main-content h1.fs-headline{font-size:32.44px;line-height:1.2em}}@media all and (min-width: 768px) and (max-width: 1024px){.fs-main-content h1.fs-headline{font-size:27.44px;line-height:1.3em}}@media all and (max-width: 767px){.fs-main-content h1.fs-headline{font-size:32.64px;line-height:1.3em}}@media print{.article-video-placeholder,.top-ad-container,.ad-rail-container,sidenav,navbar,footer,medianet,speed-bump,fbs-ad,fbs-video,page[aria-current="false"]{display:none !important}channel-path .logo,channel-path .crumb:before{display:inline-block !important;font-size:15px !important}stream.sidebar-expanded{-webkit-transform:none !important;transform:none !important;margin-left:0 !important}.body-container{width:100%}}.fs-article .embedly-embed{height:100%;left:0;position:absolute;top:0;width:100%}.fs-article .embedly-wrap{height:0;position:relative;width:100%}.fs-article .image-embed div,.fs-article .wp-caption div{line-height:0;overflow:hidden;position:relative}.fs-article .image-embed fbs-accordion,.fs-article .wp-caption fbs-accordion{display:block}.fs-article .image-embed fbs-accordion [aria-expanded="false"],.fs-article .wp-caption fbs-accordion [aria-expanded="false"]{height:1.25em}.fs-article .image-embed fbs-accordion.expandable p,.fs-article .wp-caption fbs-accordion.expandable p{padding-right:1em;position:relative}.fs-article .image-embed fbs-accordion.expandable p[aria-expanded="false"]:after,.fs-article .wp-caption fbs-accordion.expandable p[aria-expanded="false"]:after{content:"[+]";position:absolute;right:0;top:0}.fs-article .image-embed fbs-accordion.expandable p[aria-expanded="true"]:after,.fs-article .wp-caption fbs-accordion.expandable p[aria-expanded="true"]:after{content:" [-]";height:auto}.fs-article .image-embed figcaption,.fs-article .wp-caption figcaption{font-size:.75rem;font-style:italic;line-height:1.4;margin-top:0.5em}.fs-article .image-embed p,.fs-article .wp-caption p{margin:0}.fs-article .image-embed p:after,.fs-article .wp-caption p:after{font-style:normal}.fs-article .image-embed small,.fs-article .wp-caption small{background-color:rgba(0,0,0,0.5);bottom:0;color:#fff;line-height:1;padding:0.25em;position:absolute}.fs-article .wp-caption-text{font-size:0.75rem;font-weight:normal;font-style:italic;margin-top:0.5em;position:relative}.fs-article .link-embed{background-color:#F2F2F2;color:#000;display:block;padding:20px;text-decoration:none;width:100%}.fs-article .link-embed header{font-size:1.5rem;font-weight:normal;margin-bottom:20px}.fs-article .link-embed small{display:block}.fs-article .link-embed .provider-name{font-weight:bold;text-transform:uppercase}.btn{font-size:0.875em;display:inline-flex;align-items:center;justify-content:center;font-weight:bold;border-radius:5px;cursor:pointer;line-height:1;border:none;box-sizing:border-box;transition:all 200ms ease}.btn.btn-rect-lg{padding:1.5em 1em}.btn.btn-rect-sm{padding:0.75em 1em}.btn.btn-square{width:45px;height:45px;padding:1.1em 1em}.btn.btn-circle{width:2rem;height:2rem;border-radius:50%}.btn.btn-black{background-color:#000;color:#fff}.btn.btn-black:hover{background-color:#1a1a1a;color:#fff}.btn.btn-black.secondary{background-color:#fff;border:2px solid #000;color:#000;color:#000}.btn.btn-black.secondary:hover{color:#1a1a1a;border:2px solid #1a1a1a}.btn.btn-gray{background-color:#999;color:#fff}.btn.btn-gray:hover{background-color:#b3b3b3;color:#fff}.btn.btn-gray.secondary{background-color:#fff;border:2px solid #999;color:#999;color:#000}.btn.btn-gray.secondary:hover{color:#b3b3b3;border:2px solid #b3b3b3}.btn.btn-blue{background-color:#069eec;color:#fff}.btn.btn-blue:hover{background-color:#2bb4fa;color:#fff}.btn.btn-blue.secondary{background-color:#fff;border:2px solid #069eec;color:#069eec;color:#000}.btn.btn-blue.secondary:hover{color:#2bb4fa;border:2px solid #2bb4fa}.btn.btn-red{background-color:#f0222e;color:#fff}.btn.btn-red:hover{background-color:#f3525b;color:#fff}.btn.btn-red.secondary{background-color:#fff;border:2px solid #f0222e;color:#f0222e;color:#000}.btn.btn-red.secondary:hover{color:#f3525b;border:2px solid #f3525b}.btn.btn-yellow{background-color:#ffc000;color:#000}.btn.btn-yellow:hover{background-color:#ffcd33;color:#1a1a1a}.btn.btn-yellow.secondary{background-color:#fff;border:2px solid #ffc000;color:#ffc000;color:#000}.btn.btn-yellow.secondary:hover{color:#ffcd33;border:2px solid #ffcd33}.btn:hover{box-shadow:0 0 20px rgba(0,0,0,0.2)}.btn:active{box-shadow:none;top:0.5px;left:0.5px}.btn-facebook{background-color:#3b5998;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-facebook:hover{background-color:#4c70ba;color:#fff}.btn-facebook-secondary{background-color:#fff;border:2px solid #3b5998;color:#3b5998;width:2rem;height:2rem;border-radius:50%}.btn-facebook-secondary:hover{color:#4c70ba;border:2px solid #4c70ba}.btn-google{background-color:#dd4b39;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-google:hover{background-color:#e47365;color:#fff}.btn-google-secondary{background-color:#fff;border:2px solid #dd4b39;color:#dd4b39;width:2rem;height:2rem;border-radius:50%}.btn-google-secondary:hover{color:#e47365;border:2px solid #e47365}.btn-linkedin{background-color:#0077b5;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-linkedin:hover{background-color:#0099e8;color:#fff}.btn-linkedin-secondary{background-color:#fff;border:2px solid #0077b5;color:#0077b5;width:2rem;height:2rem;border-radius:50%}.btn-linkedin-secondary:hover{color:#0099e8;border:2px solid #0099e8}.btn-twitter{background-color:#55acee;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-twitter:hover{background-color:#83c3f3;color:#fff}.btn-twitter-secondary{background-color:#fff;border:2px solid #55acee;color:#55acee;width:2rem;height:2rem;border-radius:50%}.btn-twitter-secondary:hover{color:#83c3f3;border:2px solid #83c3f3}.btn-instagram{background-color:#333;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-instagram:hover{background-color:#4d4d4d;color:#fff}.btn-instagram-secondary{background-color:#fff;border:2px solid #333;color:#333;width:2rem;height:2rem;border-radius:50%}.btn-instagram-secondary:hover{color:#4d4d4d;border:2px solid #4d4d4d}.btn-youtube{background-color:#cd201f;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-youtube:hover{background-color:#e23e3d;color:#fff}.btn-youtube-secondary{background-color:#fff;border:2px solid #cd201f;color:#cd201f;width:2rem;height:2rem;border-radius:50%}.btn-youtube-secondary:hover{color:#e23e3d;border:2px solid #e23e3d}.btn-pinterest{background-color:#bd081c;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-pinterest:hover{background-color:#ee0a23;color:#fff}.btn-pinterest-secondary{background-color:#fff;border:2px solid #bd081c;color:#bd081c;width:2rem;height:2rem;border-radius:50%}.btn-pinterest-secondary:hover{color:#ee0a23;border:2px solid #ee0a23}.btn-email{background-color:#999;color:#fff;width:2rem;height:2rem;border-radius:50%}.btn-email:hover{background-color:#b3b3b3;color:#fff}.btn-email-secondary{background-color:#fff;border:2px solid #999;color:#999;width:2rem;height:2rem;border-radius:50%}.btn-email-secondary:hover{color:#b3b3b3;border:2px solid #b3b3b3}@font-face{font-family:"forbesicon";src:url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.eot");src:url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.eot?#iefix") format("embedded-opentype"),url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.woff") format("woff"),url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.ttf") format("truetype"),url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.svg#forbesicon") format("svg");font-weight:normal;font-style:normal}@media screen and (-webkit-min-device-pixel-ratio: 0){@font-face{font-family:"forbesicon";src:url("https://i.forbesimg.com/assets/fonts/fbs-typography/0233/forbesicon.svg#forbesicon") format("svg")}}.icon:before{-moz-osx-font-smoothing:grayscale;-webkit-font-smoothing:antialiased;display:inline-block;font-family:"forbesicon";font-smoothing:antialiased;font-style:normal;font-variant:normal;font-weight:normal;line-height:1;speak:none;text-decoration:inherit;text-rendering:optimizeLegibility;text-transform:none}.icon-add-person:before{content:"\f168"}.icon-amazon:before{content:"\f162"}.icon-arrow-down:before{content:"\f100"}.icon-arrow-down-bar:before{content:"\f149"}.icon-arrow-up:before{content:"\f101"}.icon-authorvoice:before{content:"\f174"}.icon-badge:before{content:"\f15f"}.icon-baidu:before{content:"\f16a"}.icon-book:before{content:"\f102"}.icon-brandvoice-logo:before{content:"\f150"}.icon-brandvoice-logo-brand:before{content:"\f151"}.icon-brandvoice-logo-voice:before{content:"\f152"}.icon-calendar:before{content:"\f143"}.icon-cart:before{content:"\f15b"}.icon-chat:before{content:"\f15c"}.icon-check:before{content:"\f103"}.icon-chevron-down:before{content:"\f135"}.icon-chevron-left:before{content:"\f136"}.icon-chevron-right:before{content:"\f137"}.icon-chevron-up:before{content:"\f138"}.icon-clipboard:before{content:"\f148"}.icon-clock:before{content:"\f146"}.icon-close:before{content:"\f104"}.icon-cog:before{content:"\f134"}.icon-comment-bubble:before{content:"\f105"}.icon-confirmation:before{content:"\f170"}.icon-copy:before{content:"\f153"}.icon-desktop:before{content:"\f164"}.icon-donald-trump:before{content:"\f163"}.icon-download:before{content:"\f14a"}.icon-edit:before{content:"\f141"}.icon-email:before{content:"\f106"}.icon-enlarge:before{content:"\f147"}.icon-error:before{content:"\f171"}.icon-explore:before{content:"\f161"}.icon-facebook:before{content:"\f139"}.icon-flame:before{content:"\f15e"}.icon-forbes-china-logo:before{content:"\f16b"}.icon-forbes-finds-logo:before{content:"\f175"}.icon-forbes-italy:before{content:"\f173"}.icon-forbes-life:before{content:"\f107"}.icon-forbes-logo:before{content:"\f108"}.icon-forbes-logo-f:before{content:"\f109"}.icon-gallery:before{content:"\f140"}.icon-georgia-daquo:before{content:"\f10a"}.icon-georgia-uaquo:before{content:"\f10b"}.icon-google:before{content:"\f13a"}.icon-group:before{content:"\f10c"}.icon-hamburger:before{content:"\f10d"}.icon-handshake:before{content:"\f14b"}.icon-home:before{content:"\f10e"}.icon-insights:before{content:"\f165"}.icon-instagram:before{content:"\f13b"}.icon-italia:before{content:"\f176"}.icon-link:before{content:"\f10f"}.icon-linkedin:before{content:"\f13c"}.icon-location:before{content:"\f156"}.icon-lock:before{content:"\f154"}.icon-megaphone:before{content:"\f14c"}.icon-microphone:before{content:"\f14d"}.icon-mobile:before{content:"\f166"}.icon-pause:before{content:"\f15d"}.icon-phone-call:before{content:"\f14e"}.icon-photo:before{content:"\f167"}.icon-pinterest:before{content:"\f13d"}.icon-plus:before{content:"\f110"}.icon-preview-eye:before{content:"\f145"}.icon-print:before{content:"\f111"}.icon-qzone:before{content:"\f16c"}.icon-renren:before{content:"\f16d"}.icon-reply:before{content:"\f112"}.icon-reset:before{content:"\f113"}.icon-rss-feed:before{content:"\f114"}.icon-search:before{content:"\f115"}.icon-share:before{content:"\f116"}.icon-snapchat:before{content:"\f169"}.icon-square-bracket-left:before{content:"\f11e"}.icon-square-bracket-right:before{content:"\f11f"}.icon-staff-verified:before{content:"\f158"}.icon-star:before{content:"\f120"}.icon-terms:before{content:"\f14f"}.icon-trash:before{content:"\f142"}.icon-tumblr:before{content:"\f13e"}.icon-twitter:before{content:"\f13f"}.icon-twitter-verified:before{content:"\f157"}.icon-u30-logo:before{content:"\f155"}.icon-under-30-logo:before{content:"\f159"}.icon-user:before{content:"\f125"}.icon-video:before{content:"\f126"}.icon-video-rect:before{content:"\f172"}.icon-wechat:before{content:"\f16e"}.icon-weibo:before{content:"\f16f"}.icon-womenforbes-logo:before{content:"\f160"}.icon-youtube:before{content:"\f15a"}html,body{overflow-y:auto}fbs-ad[position="mobile"]{position:fixed;bottom:0;width:100%;text-align:center}*,*:before,*:after{box-sizing:border-box}button{border:none;outline:none;padding:0;background:none;cursor:pointer}img{max-width:100%}a{text-decoration:none;-webkit-tap-highlight-color:transparent}.hidden{display:none !important}h1,h2,h3,h4,h5,h6{margin:0}ul,ol{padding-left:0}fbs-embedly{display:block;height:0;margin:0;overflow:hidden;padding-bottom:67.5%;position:relative;width:100%}fbs-embedly iframe{border:0;height:100%;left:0;position:absolute;top:0;width:100%}fbs-video .brightcove_perform{position:relative;width:100%;height:0;padding-bottom:56.25%;overflow:hidden}fbs-video .vjs-big-play-button .vjs-icon-placeholder:before{content:"" !important}fbs-video .playable-rectangle .vjs-big-play-button,fbs-video .playable-rectangle .play-button-icon{position:absolute;top:50% !important;left:50% !important;width:20% !important;height:0 !important;min-width:30px;max-width:150px;-webkit-transform:translate(-50%, -50%);transform:translate(-50%, -50%);background-color:transparent !important;margin-left:0 !important;margin-top:0 !important;font-family:Arial !important;box-shadow:none !important}fbs-video .playable-rectangle .vjs-big-play-button:before,fbs-video .playable-rectangle .vjs-big-play-button:after,fbs-video .playable-rectangle .play-button-icon:before,fbs-video .playable-rectangle .play-button-icon:after{content:" ";display:block;position:absolute;width:100%;padding-top:100%;transition:all 0.2s ease-in-out;margin-top:-50%}fbs-video .playable-rectangle .vjs-big-play-button:before,fbs-video .playable-rectangle .play-button-icon:before{background:url("data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9Ii0zMjAgMjMyIDE1MCAxNTAiPjxwYXRoIGQ9Ik0tMjQ1IDIzMmMtNDEuNCAwLTc1IDMzLjYtNzUgNzVzMzMuNiA3NSA3NSA3NSA3NS0zMy42IDc1LTc1Uy0yMDMuNiAyMzItMjQ1IDIzMnoiLz48L3N2Zz4=");opacity:0.5}fbs-video .playable-rectangle .vjs-big-play-button:after,fbs-video .playable-rectangle .play-button-icon:after{background:url("data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9Ii0zMjAgMjMyIDE1MCAxNTAiPjxzdHlsZSB0eXBlPSJ0ZXh0L2NzcyI+ICANCgkuc3Qwe2ZpbGw6I0ZGRkZGRjt9DQo8L3N0eWxlPjxwb2x5Z29uIGNsYXNzPSJzdDAiIHBvaW50cz0iLTI2NC4xIDMzOS41IC0yNjQuMSAyNzQuNSAtMjA3LjkgMzA3ICIvPjwvc3ZnPg==")}fbs-video .playable-rectangle:hover .vjs-big-play-button:before,fbs-video .playable-rectangle:hover .play-button-icon:before{-webkit-transform:scale(0);transform:scale(0)}fbs-video .playable-rectangle:hover .vjs-big-play-button:after,fbs-video .playable-rectangle:hover .play-button-icon:after{-webkit-transform:scale(2);transform:scale(2)}fbs-quotecard{display:inline}fbs-quotecard .card-preview{position:relative;display:inline-block;line-height:1.4em;padding-left:4px}fbs-quotecard .card-preview:hover .preview.negative{color:#fff;background-color:#c20c00;border-color:#a70a00}fbs-quotecard .card-preview:hover .preview.positive{color:#fff;background-color:#017200;border-color:#015900}fbs-quotecard a.preview{font-weight:600;padding:0 3px;color:#555;border-radius:4px}fbs-quotecard a.preview.negative{border:1px #f6dbd9 solid;background-color:#faeceb}fbs-quotecard a.preview.positive{border:1px #d6e8d6 solid;background-color:#eaf3ea}fbs-quotecard .card-hover{position:absolute;top:1.2em;left:3px;width:220px}fbs-quotecard .card-hover.reverse-display{left:auto;right:3px}fbs-quotecard .card-hover.reverse-display .card-contents:after{left:auto;right:20px}fbs-quotecard .card-hover.above{top:auto;bottom:2.5em}fbs-quotecard .card-hover.above .card-contents:after{content:'▼';top:auto;bottom:-0.9em;text-shadow:0 3px 2px rgba(0,0,0,0.2)}fbs-quotecard .card-contents{width:100%;position:relative;top:14px;background-color:#fff;padding:20px;z-index:10;border-radius:5px;box-shadow:2px 2px 8px #000}fbs-quotecard .card-contents:after{position:absolute;top:-0.8em;left:20px;content:'▲';display:inline-block;color:#fff;text-shadow:0 -3px 2px rgba(0,0,0,0.2);-webkit-transform:scaleX(1.75);transform:scaleX(1.75)}fbs-quotecard a.company-name{color:black}fbs-quotecard a.company-name:hover{color:#003891;cursor:pointer}fbs-quotecard a.company-name h2{margin-top:0;margin-bottom:3px;font-weight:normal}fbs-quotecard a.ticker{font-weight:bold;text-decoration:underline}fbs-quotecard a.ticker h5{margin-top:0;margin-bottom:0}fbs-quotecard h2,fbs-quotecard h5,fbs-quotecard h5.fs-headline{margin-top:0;margin-bottom:0}fbs-quotecard p.cost,fbs-quotecard p.as-of{margin-left:0}fbs-quotecard .cost{font-weight:bold;color:black;margin-bottom:0;margin-top:0.5em}fbs-quotecard .cost span.difference{font-size:.6em;margin:4px}fbs-quotecard .cost span.difference.negative{color:#c20c00}fbs-quotecard .cost span.difference.negative .icon:before{content:"\f100";padding-right:2px}fbs-quotecard .cost span.difference.positive{color:#017200}fbs-quotecard .cost span.difference.positive .icon:before{content:"\f101";padding-right:2px}fbs-quotecard .cost span.difference span{margin:2px}fbs-quotecard p.as-of{color:#939393;margin-top:0;margin-bottom:1em;line-height:1.4;font-size:13px}fbs-quotecard ul.stories{border:5px solid #ddd;border-width:5px 0 0}fbs-quotecard ul.stories li.story{list-style-type:none;margin:1em 0 0}fbs-quotecard .hidden{display:none}.slick-slider{position:relative;display:block;box-sizing:border-box;-webkit-touch-callout:none;-webkit-user-select:none;-moz-user-select:none;-ms-user-select:none;user-select:none;touch-action:pan-y;-webkit-tap-highlight-color:transparent}.slick-list{position:relative;overflow:hidden;display:block;margin:0;padding:0}.slick-list:focus{outline:none}.slick-list.dragging{cursor:pointer;cursor:hand}.slick-slider .slick-track,.slick-slider .slick-list{-webkit-transform:translate3d(0, 0, 0);transform:translate3d(0, 0, 0)}.slick-track{position:relative;left:0;top:0;display:block;margin-left:auto;margin-right:auto}.slick-track:before,.slick-track:after{content:"";display:table}.slick-track:after{clear:both}.slick-loading .slick-track{visibility:hidden}.slick-slide{float:left;height:100%;min-height:1px;display:none}[dir="rtl"] .slick-slide{float:right}.slick-slide img{display:block}.slick-slide.slick-loading img{display:none}.slick-slide.dragging img{pointer-events:none}.slick-initialized .slick-slide{display:block}.slick-loading .slick-slide{visibility:hidden}.slick-vertical .slick-slide{display:block;height:auto;border:1px solid transparent}.slick-arrow.slick-hidden{display:none}fbs-accordion>*{overflow:hidden}fbs-accordion [aria-expanded="false"]{height:1em}fbs-accordion [aria-expanded="true"]{height:100%}html,body{overflow-y:auto}#server-ad-rail{position:absolute;z-index:1}#server-ad-rail fbs-ad{display:block;margin-top:600px}#server-ad-rail fbs-ad:first-of-type{margin-top:0}.ratio1x1:before{content:'';display:block;padding-bottom:100%}@media all and (max-width: 480px){fbs-ad{text-align:center}}
</style><script type="text/javascript">window.LUX=window.LUX||{};window.LUX.samplerate=1;</script><script src="https://cdn.speedcurve.com/js/lux.js?id=22432108" data-key="https://cdn.speedcurve.com/js/lux.js?id=22432108" onload="this.dataset.loaded = true" async="" defer=""></script><style ng-transition="ng-templates">[_nghost-c2]{position:absolute;min-width:768px;width:100%;padding:0;background-color:#F2F2F2}@media all and (min-width: 1025px) and (max-width: 1229px){[_nghost-c2]{padding:0 2.5%}}</style><style ng-transition="ng-templates">[_nghost-c4]{position:fixed;z-index:2}.navbar-expanded[_nghost-c4]   .brand-logo-container[_ngcontent-c4]{display:flex;align-items:center}.navbar-expanded[_nghost-c4]   .homepage-link[_ngcontent-c4]{font-size:0.875rem;font-weight:normal}.top-nav[_ngcontent-c4]{height:100%;width:100%;display:flex;align-items:center;position:relative}li[_ngcontent-c4]{cursor:pointer}.expand-social[_ngcontent-c4], .trending[_ngcontent-c4]{display:none}.core-unit[_ngcontent-c4]{display:flex;margin-right:.5em;padding-right:.5em;border-right:2px solid gray}.core-unit[_ngcontent-c4]   .core-unit-logo[_ngcontent-c4]{max-width:calc(115.9px * 16/13);min-width:calc(115.9px * 16/13);height:16px !important}core-unit-subscription[_ngcontent-c4]{position:absolute;right:5.8%;top:0}a[_ngcontent-c4]{text-transform:uppercase;font-weight:700}.icon-hamburger[_ngcontent-c4], .icon-search[_ngcontent-c4], .icon-close[_ngcontent-c4]{transition:opacity, -webkit-transform;transition:transform, opacity;transition:transform, opacity, -webkit-transform;will-change:transform, opacity}.icon-hamburger[_ngcontent-c4], .icon-search[_ngcontent-c4], .icon-close[_ngcontent-c4]{transition:opacity 0.5s ease-in-out}.icon-close[_ngcontent-c4]:before{transition:-webkit-transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out, -webkit-transform 0.25s ease-in-out}.icon-close[_ngcontent-c4]{opacity:0;z-index:0}.icon-close[_ngcontent-c4]:before{-webkit-transform:rotate(90deg);transform:rotate(90deg)}.icon-hamburger[_ngcontent-c4], .icon-search[_ngcontent-c4]{position:absolute;opacity:1;z-index:1}.hamburger[_ngcontent-c4]{margin-right:.5em}.hamburger.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]{opacity:1;z-index:1}.hamburger.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]:before{-webkit-transform:rotate(0deg);transform:rotate(0deg)}.hamburger.open[_ngcontent-c4]   .icon-hamburger[_ngcontent-c4]{z-index:0;opacity:0}.icon-search[_ngcontent-c4]{width:1em}.homepage-link[_ngcontent-c4]{height:1em}.search.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]{opacity:1;z-index:1}.search.open[_ngcontent-c4]   .icon-close[_ngcontent-c4]:before{-webkit-transform:rotate(0deg);transform:rotate(0deg)}.search.open[_ngcontent-c4]   .icon-search[_ngcontent-c4]{opacity:0;z-index:0}sharing[_ngcontent-c4]{display:none}sharing[_ngcontent-c4]     .chat{display:none}@media all and (min-width: 1230px){[_nghost-c4]{height:60px;width:250px;background-color:#333;color:#fff}.navbar-expanded[_nghost-c4]{width:100%}.navbar-expanded[_nghost-c4]   .top-nav[_ngcontent-c4]{width:400px}.top-nav[_ngcontent-c4]{padding:0 1em}.search[_ngcontent-c4]{position:absolute;top:50%;-webkit-transform:translateY(-50%);transform:translateY(-50%)}.search[_ngcontent-c4]{right:1em}.share-expanded[_ngcontent-c4]{display:none}}@media all and (min-width: 1280px){[_nghost-c4]{width:400px}.slotted-swimlaned[_nghost-c4]:not(.navbar-expanded){width:290px}}@media all and (min-width: 1440px){.slotted-swimlaned[_nghost-c4]:not(.navbar-expanded){width:400px}}@media (min-width: 769px) and (max-width: 1229px){[_nghost-c4]{width:60px;height:100%;background:#fff;background-image:url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKAQMAAAHA+21oAAAABlBMVEX///+tra03rAC8AAAAAXRSTlMAQObYZgAAACdJREFUCB1jaGBAAAeGBgYOBgUwKQCkHRgOACUPMDAzMPAwMBgwAABYMQQgMKldwwAAAABJRU5ErkJggg==);background-size:5px 5px;text-align:center;display:flex;flex-direction:column;justify-content:space-between}.navbar-expanded[_nghost-c4]   .top-nav[_ngcontent-c4]{margin-top:0;transition:none}.navbar-expanded[_nghost-c4]   .hamburger[_ngcontent-c4]{margin-right:0}.navbar-expanded[_nghost-c4]   .brand-logo-container[_ngcontent-c4]{display:none}core-unit-subscription[_ngcontent-c4]{display:none}sharing.expanded[_ngcontent-c4]{display:block}sharing[_ngcontent-c4]     .expand-social{display:inline-block}sharing[_ngcontent-c4]     ul{display:flex;width:650px}sharing[_ngcontent-c4]     li{font-size:1.5em}sharing[_ngcontent-c4]     li.permalink{background:#B3B3B3;padding-right:20px;margin-left:-3px}sharing[_ngcontent-c4]     li.permalink button{float:left}sharing[_ngcontent-c4]     button{width:60px;height:60px;border-radius:0}sharing[_ngcontent-c4]     button .icon-share{vertical-align:middle;font-size:1.25rem;font-weight:normal}sharing[_ngcontent-c4]     button.email{background-color:#000}sharing[_ngcontent-c4]     button .icon-link:before{content:"\f10f"}sharing[_ngcontent-c4]     span input{width:200px;height:40px;margin-top:10px}.core-unit[_ngcontent-c4]{display:none}.top-nav[_ngcontent-c4], .bottom-sticky[_ngcontent-c4]{display:flex;flex-direction:column;height:50%}.top-nav[_ngcontent-c4]{margin-top:-60px;transition:margin-top 0.25s ease-in-out}.top-nav.nav-items-container[_ngcontent-c4]{margin-top:0px}.top-nav[_ngcontent-c4]   a[_ngcontent-c4]{display:block;width:60px;height:60px;line-height:60px}.top-nav[_ngcontent-c4]   .share-expanded[_ngcontent-c4]{display:none}.bottom-sticky[_ngcontent-c4]{justify-content:space-between}.brand-logo-container[_ngcontent-c4]{order:-1}.homepage-link[_ngcontent-c4]{color:#fff;background:#333;font-size:0.875rem;font-weight:normal}.expand-social[_ngcontent-c4]{display:inline-block}li[_ngcontent-c4]{width:30px;height:30px;line-height:30px;color:#fff;float:left;text-align:center}li.share-text[_ngcontent-c4]{font-weight:bold;line-height:20px;height:20px;width:100%;color:#333;background:#fff;text-transform:uppercase}.icon-facebook[_ngcontent-c4]{background-color:#3b5998}.icon-twitter[_ngcontent-c4]{background-color:#55acee}.icon-email[_ngcontent-c4]{background:#000}.icon-linkedin[_ngcontent-c4]{background-color:#0077b5}.icon-chevron-right[_ngcontent-c4]{margin-left:3px}.hamburger[_ngcontent-c4]{margin-right:0}.hamburger[_ngcontent-c4]:hover   .icon-hamburger[_ngcontent-c4]:before, .search[_ngcontent-c4]:hover   .icon-search[_ngcontent-c4]:before{color:#fff;background-color:#333}.icon-hamburger[_ngcontent-c4]:before{font-size:1.1em;width:60px;height:auto;padding:20px;background-color:#fff}.icon-search[_ngcontent-c4]:before{font-size:1.1em;width:60px;height:auto;padding:20px;background-color:#fff}.icon-close[_ngcontent-c4]:before{width:100%;color:#fff;padding:20px;background-color:#333}.trending[_ngcontent-c4]{display:block;padding:0;width:60px;height:60px;line-height:60px;background-color:#4D4D4D;color:#fff;font-size:1.6em}.icon-plus[_ngcontent-c4]:before{transition:-webkit-transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out;transition:transform 0.25s ease-in-out, -webkit-transform 0.25s ease-in-out;-webkit-transform:rotate(0deg);transform:rotate(0deg)}.icon-plus.rotate[_ngcontent-c4]:before{-webkit-transform:rotate(45deg);transform:rotate(45deg)}.trending[_ngcontent-c4]   small[_ngcontent-c4]{position:absolute;bottom:0;left:0;width:100%;text-transform:uppercase;line-height:normal}.trending[_ngcontent-c4]   small.closed[_ngcontent-c4]{display:none}}@media all and (max-width: 768px){[_nghost-c4]{width:100%;height:60px;background-color:#fff;color:#1A1A1A;border-bottom:solid #E6E6E6 2px}.navbar-expanded[_nghost-c4]{background-color:#333;color:#fff}.top-nav[_ngcontent-c4]{padding:0 1em}sharing.expanded[_ngcontent-c4]{display:inline}sharing[_ngcontent-c4]{position:fixed;top:60px;right:26px;height:120px;padding:.5em;background-color:#666;border-radius:5px;width:275px;color:#fff;font-size:1.5rem;font-weight:normal}sharing[_ngcontent-c4]     li{font-size:1.5rem;font-weight:normal}sharing[_ngcontent-c4]     button{margin:5px;border-radius:0;width:40px;height:40px;line-height:40px}sharing[_ngcontent-c4]     .share-expanded, sharing[_ngcontent-c4]     .google{display:none}sharing[_ngcontent-c4]     .email{background-color:#333}sharing[_ngcontent-c4]     .chat{display:inline-block;width:40px;height:40px;line-height:40px;text-align:center}sharing[_ngcontent-c4]     .permalink{display:block}sharing[_ngcontent-c4]     .permalink span{position:absolute;right:0.5em}sharing[_ngcontent-c4]     .permalink input{width:200px;height:40px}.search[_ngcontent-c4]   .icon-close[_ngcontent-c4]{display:none}core-unit-subscription[_ngcontent-c4]{right:15%}.search[_ngcontent-c4]{position:absolute;right:2em;width:1em;height:1em}.search[_ngcontent-c4], .share-expanded[_ngcontent-c4]{top:50%;-webkit-transform:translateY(-50%);transform:translateY(-50%)}.share-expanded[_ngcontent-c4]{position:absolute;right:1em}}</style><style ng-transition="ng-templates">fbs-video.sticky-video{position:fixed;top:60px;left:0;z-index:99}@media all and (min-width: 1230px) and (max-width: 1279px){  .sticky-video{width:250px}}@media all and (min-width: 1280px){  .sticky-video{width:400px}  .sticky-video.sticky-sponsored-video{width:290px}}@media all and (min-width: 1440px){  .sticky-video.sticky-sponsored-video{width:400px}}[_nghost-c7]{display:block;height:100%;position:fixed;width:390px;top:0}@media all and (min-width: 1230px){[_nghost-c7]{top:60px}.video-placeholder[_ngcontent-c7]{background-color:#000}.video-placeholder[_ngcontent-c7]   .overlay-title[_ngcontent-c7]{position:absolute;left:0;width:100%;z-index:1;font-weight:bold;line-height:15px;padding:5px 0 5px 1em;color:#fff;background-color:rgba(51,51,51,0.5);display:none}.video-placeholder[_ngcontent-c7]:hover   .overlay-title[_ngcontent-c7]{display:block}}@media all and (min-width: 1230px) and (max-width: 1279px){[_nghost-c7]{width:250px}[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], [_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(250px * (9/16));height:calc(100% - calc(250px * (9/16)) - 60px)}}@media all and (min-width: 1280px){[_nghost-c7]{width:400px}[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], [_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(400px * (9/16));height:calc(100% - calc(400px * (9/16)) - 60px)}.slotted-swimlaned[_nghost-c7]{width:290px}.slotted-swimlaned[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], .slotted-swimlaned[_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(290px * (9/16));height:calc(100% - calc(290px * (9/16)) - 60px)}}@media all and (min-width: 1440px){.slotted-swimlaned[_nghost-c7]{width:400px}.slotted-swimlaned[_nghost-c7]   .article-sidebar-video[_ngcontent-c7], .slotted-swimlaned[_nghost-c7]   .relative-video[_ngcontent-c7]{margin-top:calc(400px * (9/16));height:calc(100% - calc(400px * (9/16)) - 60px)}}@media all and (max-width: 1229px){.navbar-expanded[_nghost-c7]{height:calc(100% - 60px);top:60px}.video-placeholder[_ngcontent-c7]{display:none}}@media all and (min-width: 769px) and (max-width: 1229px){[_nghost-c7]{margin-left:60px}}@media all and (max-width: 768px){[_nghost-c7]{top:60px}}</style><style ng-transition="ng-templates">[_nghost-c13]{margin-left:60px;display:block;position:relative;background-color:#fff;height:100%;z-index:1;transition:-webkit-transform 200ms;transition:transform 200ms;transition:transform 200ms, -webkit-transform 200ms}.sidebar-expanded[_nghost-c13]{will-change:transform;-webkit-transform:translate(390px, 0);transform:translate(390px, 0)}page[_ngcontent-c13]{max-width:1800px;width:100%;margin:0 auto}fbs-ad[_ngcontent-c13]{position:fixed;bottom:0;width:100%;text-align:center}@media all and (min-width: 1230px){[_nghost-c13]{margin-left:250px}.sidebar-expanded[_nghost-c13]{-webkit-transform:none;transform:none;will-change:inherit}}@media all and (min-width: 1230px) and (max-width: 1279px){[_nghost-c13]{margin-left:250px}page[_ngcontent-c13]{padding:0 35px}}@media all and (min-width: 1280px){[_nghost-c13]{margin-left:400px}.slotted-swimlaned[_nghost-c13]{margin-left:290px}page[_ngcontent-c13]{width:95%}}@media all and (min-width: 1440px){.slotted-swimlaned[_nghost-c13]{margin-left:400px}}@media all and (max-width: 768px){[_nghost-c13]{margin:auto}}</style><script src="https://www.googletagservices.com/tag/js/gpt.js" data-key="https://www.googletagservices.com/tag/js/gpt.js" onload="this.dataset.loaded = true" async="" defer=""></script><script src="https://native.sharethrough.com/assets/sfp.js" data-key="https://native.sharethrough.com/assets/sfp.js" onload="this.dataset.loaded = true" async="" defer=""></script><style ng-transition="ng-templates">[_nghost-c14]{padding:0 5%;display:block}[_nghost-c14]     .share-expanded{display:none}.fs-article[_ngcontent-c14]{max-width:initial}featured-image[_ngcontent-c14]{margin-bottom:2em}sharing[_ngcontent-c14]{font-size:1.25em}sharing[_ngcontent-c14]     li{margin-right:8px}sharing[_ngcontent-c14]     .email{background:#000}.article-wrapper[_ngcontent-c14]{position:relative}.article-wrapper[_ngcontent-c14]:before, .article-wrapper[_ngcontent-c14]:after{content:" ";display:table}.article-wrapper[_ngcontent-c14]:after{clear:both}.body-container[_ngcontent-c14]{display:block;padding-right:5%;margin-right:300px}.body-container.no-rail[_ngcontent-c14]{margin-right:0}.body-container.no-rail[_ngcontent-c14]   .fs-article[_ngcontent-c14]{max-width:100%}article-body-container[_ngcontent-c14]{display:block}article-body-container[_ngcontent-c14], contrib-block[_ngcontent-c14], guest-contrib[_ngcontent-c14], group-blog[_ngcontent-c14]{margin-top:1em}footer[_ngcontent-c14]{display:inline-block;width:100%}footer[_ngcontent-c14]   pagination-nav[_ngcontent-c14]{float:right}footer[_ngcontent-c14]   sharing[_ngcontent-c14]{clear:both;float:right;position:relative;margin:5px 0}footer[_ngcontent-c14]   sharing[_ngcontent-c14]:before{content:'Share: ';position:absolute;left:-55px;line-height:30px;color:#333;font-size:0.875rem;font-weight:normal;font-weight:bold;font-family:"Avenir","Noto Sans","Droid Sans","Helvetica Neue",Corbel,Helvetica,Arial,sans-serif}.ad-rail-container[_ngcontent-c14]{float:right;height:auto}fbs-ad-rail[_ngcontent-c14]{display:block;width:300px;height:100%}fbs-ad-rail[_ngcontent-c14]     fbs-ad{margin-top:600px;display:block}fbs-ad-rail[_ngcontent-c14]     fbs-ad[position="spon-logo"], fbs-ad-rail[_ngcontent-c14]     fbs-ad[position="rec"]{margin-top:0}fbs-ad-rail[_ngcontent-c14]     [position="spon-logo"] div:first-child{margin-bottom:20px}@media all and (min-width: 1025px) and (max-width: 1229px){[_nghost-c14]{padding:0 7.5%}}@media all and (max-width: 1229px){sharing[_ngcontent-c14]{display:none}}@media all and (max-width: 768px){[_nghost-c14]{padding-top:60px}}</style><style ng-transition="ng-templates">[_nghost-c15]{width:100%;background:#fff;font-weight:normal;display:inline-block}.core-unit[_nghost-c15]{margin-top:60px}[position="top"][_ngcontent-c15]{display:block;width:100%;min-height:90px;padding:12px 0;text-align:center;z-index:1}[position="top"][_ngcontent-c15]    >div{margin:0 -8.8%;overflow-x:auto;overflow-y:hidden}.top-ad-container[_ngcontent-c15]{min-height:116px;border-bottom:2px solid #E6E6E6;margin:auto;float:none}.sticky[_ngcontent-c15]{position:fixed;top:0;border:none;width:100%;background:#fff;z-index:9999;transition:top 500ms}.sticky.core-unit[_ngcontent-c15]{top:60px}group-blog-blurb[_ngcontent-c15]{margin-top:1em}.women-at-forbes[_ngcontent-c15]{width:135px;height:20px;float:left;margin:10px 20px 0 0}.women-at-forbes[_ngcontent-c15]   img[_ngcontent-c15]{vertical-align:top}.article-meta[_ngcontent-c15]{min-height:1em;line-height:20px;color:gray;display:block;margin-top:1em;font-weight:bold}.article-meta[_ngcontent-c15]   channel-path[_ngcontent-c15]{display:none}.badge[_ngcontent-c15]{display:inline-block;position:relative;margin-left:1em}.forbes-on-trump[_ngcontent-c15]{color:#fff;background-color:#333;padding:2px 7px 0 29px;font-weight:bold}.forbes-on-trump[_ngcontent-c15]   .icon-donald-trump[_ngcontent-c15]{position:absolute;top:1px;left:4px}.forbes-on-trump[_ngcontent-c15]:before{content:'Forbes on trump';text-transform:uppercase}.forbes-100[_ngcontent-c15]{vertical-align:top;background-color:#333}.forbes-100[_ngcontent-c15]   img[_ngcontent-c15]{padding:2px}.editors-pick[_ngcontent-c15]:before{content:'Editor\'s pick';color:#1A1A1A;margin-left:23px;font-weight:bold;text-transform:uppercase}.icon-badge[_ngcontent-c15]{position:absolute;left:0;top:0;color:#ffc000}.icon-star[_ngcontent-c15]{position:absolute;top:-1px;left:3.5px;color:#1A1A1A}div[_ngcontent-c15]{float:right;margin-left:6px}div[_ngcontent-c15]   a[_ngcontent-c15]{padding:3px 5px;background-color:#003891;color:#fff;text-decoration:none;text-transform:uppercase;border-radius:8px;transition:all 0.15s ease-in-out}div[_ngcontent-c15]   a[_ngcontent-c15]:hover{background-color:#000}.circ-link[_ngcontent-c15]{font-weight:bold;color:#c41a23;float:right}featured-image[_ngcontent-c15]{margin:1rem 0}.badge-wrapper[_ngcontent-c15]{display:none}.badge-wrapper[_ngcontent-c15]   .badge[_ngcontent-c15]{display:inline-block;position:relative;margin-left:1em}.badge-wrapper[_ngcontent-c15]   [_ngcontent-c15]:first-child{margin-left:0}.badge-wrapper[_ngcontent-c15]   .women-at-forbes[_ngcontent-c15]{width:162px;height:24px;border:1px solid #000;margin:0}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15], .badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]{vertical-align:top}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]   img[_ngcontent-c15], .badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]   img[_ngcontent-c15]{padding:2px}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]{color:#fff;background-color:#333;padding:2px 7px 0 29px;font-weight:bold;line-height:20px}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]   .icon-donald-trump[_ngcontent-c15]{position:absolute;top:1px;left:4px}.badge-wrapper[_ngcontent-c15]   .forbes-on-trump[_ngcontent-c15]:before{content:'Forbes on trump';text-transform:uppercase}.badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]{vertical-align:top;background-color:#333}.badge-wrapper[_ngcontent-c15]   .forbes-100[_ngcontent-c15]   img[_ngcontent-c15]{padding:2px}@media all and (max-width: 768px){.core-unit[_nghost-c15]{margin-top:0}channel-path[_ngcontent-c15], .women-at-forbes[_ngcontent-c15], .forbes-on-trump[_ngcontent-c15], .forbes-100[_ngcontent-c15], .circ-link[_ngcontent-c15]{display:none}.article-meta[_ngcontent-c15]   channel-path[_ngcontent-c15]{display:block}.badge-wrapper[_ngcontent-c15]{display:inline-block}}@media all and (min-width: 1230px) and (max-width: 1329px){[position="top"][_ngcontent-c15]    >div{margin:0 -3.6%}}</style><style ng-transition="ng-templates">[_nghost-c26]{display:inline-block;font-weight:bold;text-transform:uppercase}.view-count[_ngcontent-c26]{margin-left:2em}</style><style ng-transition="ng-templates">[_nghost-c10]{text-transform:uppercase;display:block;font-family:forbesicon}.reversible[_nghost-c10]   .icon-facebook[_ngcontent-c10]{background:#3b5998;color:#fff}.reversible[_nghost-c10]   .icon-facebook[_ngcontent-c10]:hover{background:#fff;color:#3b5998}.reversible[_nghost-c10]   .icon-twitter[_ngcontent-c10]{background:#55acee;color:#fff}.reversible[_nghost-c10]   .icon-twitter[_ngcontent-c10]:hover{background:#fff;color:#55acee}.reversible[_nghost-c10]   .icon-linkedin[_ngcontent-c10]{background:#0077b5;color:#fff}.reversible[_nghost-c10]   .icon-linkedin[_ngcontent-c10]:hover{background:#fff;color:#0077b5}.reversible[_nghost-c10]   .icon-google[_ngcontent-c10]{background:#dd4b39;color:#fff}.reversible[_nghost-c10]   .icon-google[_ngcontent-c10]:hover{background:#fff;color:#dd4b39}.reversible[_nghost-c10]   .icon-pinterest[_ngcontent-c10]{background:#bd081c;color:#fff}.reversible[_nghost-c10]   .icon-pinterest[_ngcontent-c10]:hover{background:#fff;color:#bd081c}.reversible[_nghost-c10]   .icon-email[_ngcontent-c10]{background:#B3B3B3;color:#fff}.reversible[_nghost-c10]   .icon-email[_ngcontent-c10]:hover{background:#fff;color:#B3B3B3}li[_ngcontent-c10]{display:inline-block;line-height:1.5em}li.share-expanded[_ngcontent-c10]{background-color:#fff}li.share-expanded[_ngcontent-c10]   button[_ngcontent-c10]{color:#333}li.share-expanded[_ngcontent-c10]   button[_ngcontent-c10]:after{content:'share';text-transform:uppercase;display:block;font-weight:700;font-size:10px;line-height:10px;position:relative;top:-15px}button[_ngcontent-c10]{color:#fff;width:1.5em;height:1.5em;border-radius:50%}input[_ngcontent-c10]{width:auto;height:1.5em;border:0;padding:0 10px;font:400 1rem "Georgia","Cambria","Times New Roman","Times",serif;border-radius:5px;box-shadow:inset 2px 3px 3px rgba(0,0,0,0.1)}.facebook[_ngcontent-c10]{background-color:#3b5998}.twitter[_ngcontent-c10]{background-color:#55acee}.linkedin[_ngcontent-c10]{background-color:#0077b5}.google[_ngcontent-c10]{background-color:#dd4b39}.pinterest[_ngcontent-c10]{background-color:#bd081c}.email[_ngcontent-c10]{background-color:#B3B3B3}.chat[_ngcontent-c10]{background-color:#009623;width:1.5em}.chat[_ngcontent-c10]   i[_ngcontent-c10]:before{content:"\f15c"}</style><style ng-transition="ng-templates">[_nghost-c22]{display:block;margin:20px 0;clear:both}ul[_ngcontent-c22]{display:flex;justify-content:space-between}li[_ngcontent-c22]{display:inline-block;font-weight:bold;color:#333;text-align:left;padding:0 3px}li[_ngcontent-c22]   a[_ngcontent-c22]{text-decoration:underline}li[_ngcontent-c22]   a[_ngcontent-c22]:hover, li[_ngcontent-c22]   a[_ngcontent-c22]:active{color:#069eec}.print[_ngcontent-c22]{padding-left:0}@media all and (max-width: 768px){.print[_ngcontent-c22]{display:none}}@media all and (max-width: 480px){i[_ngcontent-c22]{padding-right:0}li[_ngcontent-c22]{display:block;float:left}}</style><style ng-transition="ng-templates">[_nghost-c17]{display:inline-block;width:100%}contrib-byline.no-disclaimer[_ngcontent-c17]{padding-top:12px}.contrib-container[_ngcontent-c17]{display:flex}.fs-author-avatar[_ngcontent-c17]{width:4em;height:4em;max-width:80px}.fs-author-avatar[_ngcontent-c17]   img[_ngcontent-c17]{min-width:60px;width:100%}.most-popular-icon[_ngcontent-c17]   small[_ngcontent-c17]{display:none;position:absolute;top:0;left:25px;padding:5px;background-color:#ffc000;font-weight:bold;border-radius:4px;text-transform:uppercase;white-space:nowrap}.contrib-tagline[_ngcontent-c17]{color:#999;font-style:italic;line-height:1.25;margin-top:0.5em}.full-bio[_ngcontent-c17]{display:inline-block;color:#003891;font-weight:bold;text-transform:uppercase}.full-bio[_ngcontent-c17]:before{content:'Full Bio'}.bio-expanded[_ngcontent-c17]{background-color:#F2F2F2;position:relative;padding:.8em;margin:-.8em}.bio-expanded[_ngcontent-c17]   .full-bio[_ngcontent-c17]{position:absolute;right:8px;top:5px;color:#000}.bio-expanded[_ngcontent-c17]   .full-bio[_ngcontent-c17]:before{content:''}.bio-expanded[_ngcontent-c17]   .icon-chevron-down[_ngcontent-c17]:before{content:'\f104'}.legal-disclaimer[_ngcontent-c17]{display:block;margin-top:1em}  follow-link{display:block;margin:.2em 0}.social-links[_ngcontent-c17]{display:flex}li[_ngcontent-c17]{padding:0 10px}li[_ngcontent-c17]   .icon[_ngcontent-c17]{color:#666}li[_ngcontent-c17]:first-of-type{padding-left:0}.icon[_ngcontent-c17]:hover.icon-facebook{color:#3b5998}.icon[_ngcontent-c17]:hover.icon-twitter{color:#55acee}.icon[_ngcontent-c17]:hover.icon-linkedin{color:#0077b5}.icon[_ngcontent-c17]:hover.icon-instagram{color:#333}.icon[_ngcontent-c17]:hover.icon-rss-feed{color:#f38521}.icon[_ngcontent-c17]:hover.icon-book{color:#f90}.icon[_ngcontent-c17]:hover.icon-google{color:#dd4b39}.icon[_ngcontent-c17]:hover.icon-youtube{color:#cd201f}@media (max-width: 1024px){.fs-author-avatar[_ngcontent-c17]{max-width:40px;max-height:45px}.fs-author-avatar[_ngcontent-c17]   img[_ngcontent-c17]{min-width:40px}}@media (min-width: 768px){.most-popular-icon[_ngcontent-c17]:hover   small[_ngcontent-c17]{display:inline}}</style><style ng-transition="ng-templates">[_nghost-c27]{display:block}.brand[_ngcontent-c27]{color:#c41a23;font-style:italic;vertical-align:baseline}.comma[_ngcontent-c27]{margin-left:-.25rem}.contrib-byline-type[_ngcontent-c27]{color:#999;text-transform:uppercase}.icon-staff-verified[_ngcontent-c27]{color:#003891}.icon-u30-logo[_ngcontent-c27]{color:#ffc000}.icon-womenforbes-logo[_ngcontent-c27]{color:#000;vertical-align:middle}</style><style ng-transition="ng-templates">.article-gallery-embedded{border-color:#E6E6E6;border-style:solid;border-width:3px 0px;width:100%;padding:1.5em 5%;margin:1em 0;font-size:1.5rem;font-weight:normal;overflow:hidden}  .article-gallery-embedded .article-image-box{width:47%;float:left;margin-right:3%}  .article-gallery-embedded .article-image-box img{display:block}  .article-gallery-embedded .article-text-box{width:50%;float:left}  .article-gallery-embedded .article-text-box header{font:700 0.875em "Helvetica Neue",Helvetica,Arial,sans-serif;color:#003891;margin-bottom:.5em}  .article-gallery-embedded .article-text-box header .icon{color:#999;margin-right:.5em}  .article-gallery-embedded .article-text-box h4{font:normal 1.5em "Georgia","Cambria","Times New Roman","Times",serif;color:#000}  .article-gallery-embedded .article-text-box .article-launch-gallery{display:inline-block;font:700 0.875em "Helvetica Neue",Helvetica,Arial,sans-serif;margin-top:0.75em;margin-right:.5em}  .article-gallery-embedded .article-text-box .article-launch-gallery .article-launch-text{color:#003891}  .article-gallery-embedded .article-text-box .article-launch-gallery .article-slide-count{font-size:0.875em;margin:0;color:#999}  .article-gallery-embedded .article-text-box .article-launch-button{background-color:#069eec;color:#fff;display:inline-block;vertical-align:bottom;width:2em;height:2em;text-align:center;height:40px;width:40px;border-radius:20px;transition:-webkit-transform 0.15s ease-in-out;transition:transform 0.15s ease-in-out;transition:transform 0.15s ease-in-out, -webkit-transform 0.15s ease-in-out;-webkit-transform:translate(0, 0);transform:translate(0, 0)}  .article-gallery-embedded .article-text-box .article-launch-button .icon-chevron-right,   .article-gallery-embedded .article-text-box .article-launch-button .icon-chevron-right:before{vertical-align:middle}@media all and (max-width: 1229px){  .article-gallery-embedded{font-size:1.5rem;font-weight:normal}}@media all and (max-width: 1024px){  .article-gallery-embedded{font-size:1.25rem;font-weight:normal}  .article-gallery-embedded .article-image-box{float:right;margin-right:auto}  .article-gallery-embedded .article-text-box{float:left;margin-right:3%}  .article-gallery-embedded .article-text-box .article-launch-button{font-size:0.75em}}[_nghost-c20]{display:inline-block}[_nghost-c20]     .article-promo-bv{position:relative;max-width:800px;font-size:initial;margin:2em auto 2.5em;text-align:center;transition:max-height 0.3s ease-in-out}[_nghost-c20]     .article-promo-bv h3{font-weight:normal;line-height:1.2em;font-family:"Georgia","Cambria","Times New Roman","Times",serif}[_nghost-c20]     .article-promo-bv a{color:#000;text-decoration:none}[_nghost-c20]     .article-promo-bv .inline-reveal{position:relative;z-index:0;overflow-y:hidden;height:100%;transition:all 0.3s linear}[_nghost-c20]     .article-promo-bv.collapsed .inline-reveal{height:0}[_nghost-c20]     .article-promo-bv:before, [_nghost-c20]     .article-promo-bv:after{height:0;content:"";display:block;position:absolute;left:10%;right:10%;z-index:0}[_nghost-c20]     .article-promo-bv:before{border-top:1px solid #c41a23;top:0}[_nghost-c20]     .article-promo-bv:after{border-top:2px solid #c41a23;bottom:0}[_nghost-c20]     .article-promo-bv .inline-reveal .reveal-this{margin:1.5em 5% 2em}[_nghost-c20]     .article-promo-bv .inline-reveal .reveal-this h3{margin-top:1em}[_nghost-c20]     .article-promo-bv .inline-reveal .reveal-this h3 a{font-size:1.25em}[_nghost-c20]     .article-promo-bv .brandvoice-entity a{display:inline-block}[_nghost-c20]     .article-promo-bv .brandvoice-entity a .avatar{width:2em}[_nghost-c20]     .article-promo-bv .brandvoice-entity a .brandvoice{white-space:nowrap;font:bold 1em "Avenir","Noto Sans","Droid Sans","Helvetica Neue",Corbel,Helvetica,Arial,sans-serif}[_nghost-c20]     .article-promo-bv .inline-peak{position:absolute;width:100%;bottom:0;z-index:1}[_nghost-c20]     .article-promo-bv .slug{display:inline-block;background:#fff;font-family:"Georgia","Cambria","Times New Roman","Times",serif;font-weight:bold;line-height:1em;position:relative;bottom:-.5em;padding-right:30px;padding-left:10px}[_nghost-c20]     .article-promo-bv .brandvoice{color:#c41a23;font-style:italic}[_nghost-c20]     .article-promo-bv .brandvoice .brand{color:#000;font-style:normal}@media all and (max-width: 768px){.article-promo-bv[_ngcontent-c20]   .brandvoice-entity[_ngcontent-c20]   .avatar[_ngcontent-c20]{vertical-align:middle;margin-right:.5em}}@media all and (max-width: 1024px){.article-promo-bv[_ngcontent-c20]   .inline-peak[_ngcontent-c20]   .slug[_ngcontent-c20]   .help[_ngcontent-c20]{top:1px}}@media all and (min-width: 769px){.article-promo-bv[_ngcontent-c20]   .brandvoice-entity[_ngcontent-c20]   .avatar[_ngcontent-c20]{width:3em;margin-bottom:.5em}.article-promo-bv[_ngcontent-c20]   .brandvoice-entity[_ngcontent-c20]   .brandvoice[_ngcontent-c20]{display:block}}@media all and (min-width: 1025px){.article-promo-bv[_ngcontent-c20]{font-size:1.25rem;font-weight:normal}}@media all and (min-width: 1230px){.article-promo-bv[_ngcontent-c20]{font-size:1.5rem;font-weight:normal}}fbs-ad[_ngcontent-c20]{display:block;text-align:center;margin-bottom:30px;overflow-x:auto}p[_ngcontent-c20]{margin-top:0}div[_ngcontent-c20]     {display:block}div[_ngcontent-c20]     img{width:100%}div[_ngcontent-c20]     .progressive-placeholder:before{content:'';display:block;padding-bottom:56.25%}div[_ngcontent-c20]     .fbs-brightcove{margin:1em 0}div[_ngcontent-c20]     .alignleft{float:left;margin:0.5% 3.5% 1.75% 0}div[_ngcontent-c20]     .alignright{float:right;margin:0.5% 0 1.75% 3.5%}div[_ngcontent-c20]     .alignleft, div[_ngcontent-c20]     .alignright{width:40%;line-height:0}div[_ngcontent-c20]     .alignleft .caption-container, div[_ngcontent-c20]     .alignright .caption-container{padding-top:0.5em}div[_ngcontent-c20]     .alignleft .wp-caption-text, div[_ngcontent-c20]     .alignright .wp-caption-text{margin:0;line-height:1.4em}div[_ngcontent-c20]     .tweet_quote{padding:0 3px 0 0}div[_ngcontent-c20]     .tweet_quote:hover a{color:#fff;background-color:#55acee;text-decoration:none}div[_ngcontent-c20]     .tweet_quote:hover span:before{margin-left:-1.3em}div[_ngcontent-c20]     .tweet_quote a{transition:background-color 0.2s ease-in-out;color:#000}div[_ngcontent-c20]     .tweet_quote span{position:relative;color:#55acee;width:1.5em;height:1em;padding:0 .25em;overflow:hidden;display:inline-block}div[_ngcontent-c20]     .tweet_quote span:before, div[_ngcontent-c20]     .tweet_quote span:after{content:"\f13f";font-family:forbesicon;font-size:1.25em;display:block;height:1em;float:left}div[_ngcontent-c20]     .tweet_quote span:before{margin-left:0;transition:margin-left 0.2s ease-in-out}div[_ngcontent-c20]     .tweet_quote span:after{color:#fff}div[_ngcontent-c20]     ul li, div[_ngcontent-c20]     ol li{margin:1em 0;margin-left:3em}div[_ngcontent-c20]     ol li{list-style:decimal}div[_ngcontent-c20]     ul li{list-style:disc}div[_ngcontent-c20]     div[style*="clear"]{clear:left !important}div[_ngcontent-c20]     .slideimgbox>img{margin:auto}  .sticky-video-placeholder{background:#000 url("//i.forbesimg.com/media/assets/logos/forbes-logo-f.png") no-repeat center center;position:relative;width:100%;height:0;padding:56.25% 0 0;overflow:hidden}loading[_ngcontent-c20]{background:lightgrey;color:dimgrey;text-align:center;height:400px;width:calc(100% - 200px)}@media (1230px) and (1400px){[_nghost-c20]     .article-body .alignleft, [_nghost-c20]     .article-body .alignright{padding:3.25% 0}}@media (min-width: 769px){[_nghost-c20]     .article-body .alignleft{margin:1.75% 3.5% 1.75% -3.5%}[_nghost-c20]     .article-body .alignright{margin:1.75% -3.5% 1.75% 3.5%}}@media all and (max-width: 768px){[_nghost-c20]{padding-right:0px;margin-right:0px}[_nghost-c20]     .article-body .alignleft, [_nghost-c20]     .article-body .alignright{float:none;width:auto;margin-left:3%}}</style><style ng-transition="ng-templates">[_nghost-c21]{display:inline-block;margin:0;color:#999}strong[_ngcontent-c21]{color:#000;text-transform:uppercase}li[_ngcontent-c21]{float:left;margin-right:6px}.prev[_ngcontent-c21], .next[_ngcontent-c21]{display:inline-block;text-transform:none;background:#fff;border:2px solid #000;border-radius:5px;padding:.5em 1em;font-weight:bold;color:#000}.prev[_ngcontent-c21]:hover, .next[_ngcontent-c21]:hover{background:#069eec;border-color:#069eec;color:#fff}.prev[_ngcontent-c21]   .icon[_ngcontent-c21], .next[_ngcontent-c21]   .icon[_ngcontent-c21]{position:relative;left:0;transition:left .3s ease-in-out }.prev[_ngcontent-c21]{margin-right:.5em}.prev[_ngcontent-c21]:hover   .icon[_ngcontent-c21]{left:-5px}.next[_ngcontent-c21]{margin-left:.5em}.next[_ngcontent-c21]:hover   .icon[_ngcontent-c21]{left:5px}</style><style ng-transition="ng-templates">[_nghost-c24]{display:block;padding-top:1.5rem;border-bottom:2px solid #E6E6E6;padding-bottom:12px;transition:font-size 0.3s ease-out;font-family:"Georgia","Cambria","Times New Roman","Times",serif}.logo[_ngcontent-c24]{display:inline-block}.crumb[_ngcontent-c24], .hashtag[_ngcontent-c24]{vertical-align:baseline}.crumb[_ngcontent-c24]:before, .hashtag[_ngcontent-c24]:before{content:"/";display:inline-block;margin:0 .5em 0 .3em;position:relative;top:-0.15em;color:#ccc;font-size:0.75em}.crumb[_ngcontent-c24]{color:#999}.hashtag[_ngcontent-c24]{text-transform:capitalize;color:#003891}@media (min-width: 1230px){.logo[_ngcontent-c24], .crumb[_ngcontent-c24]:before{display:none}}@media all and (max-width: 768px){[_nghost-c24]{border-bottom:none;padding:0;font-weight:400}.crumb[_ngcontent-c24], .hashtag[_ngcontent-c24]{font-size:0.875rem;font-weight:normal}.crumb[_ngcontent-c24]{color:gray;text-transform:capitalize}.hashtag[_ngcontent-c24]:before{font-size:0.875rem;font-weight:normal}.logo[_ngcontent-c24], .crumb[_ngcontent-c24]:before{display:none}}</style><meta name="apple-itunes-app" content="app-id=588647136"><meta property="fb:app_id" content="123694841080850"><meta property="og:site_name" content="Forbes"><meta name="twitter:site" content="@forbes"><meta name="description" content="The IRS just made it easier for hurricane victims and their families to access retirement funds." itemprop="description"><meta name="keywords" content="" itemprop="keywords"><meta name="author" content="Ashlea Ebeling" itemprop="author"><meta property="og:title" content="Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened"><meta property="og:image" content="https://thumbor.forbes.com/thumbor/600x315/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale"><meta property="og:updated_time" content="2017-09-01T11:18:26-04:00"><meta property="og:url" content="https://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/"><meta property="og:description" content="The IRS just made it easier for hurricane victims and their families to access retirement funds."><meta property="og:type" content="article"><meta name="twitter:card" content="summary_large_image"><meta name="twitter:title" content="Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened"><meta name="twitter:description" content="The IRS just made it easier for hurricane victims and their families to access retirement funds."><meta name="twitter:image" content="https://thumbor.forbes.com/thumbor/600x300/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale" itemprop="image"><meta name="twitter:creator" content="@ashleaebeling"><meta name="news_keywords" content="" itemprop="keywords"><meta property="article:publisher" content="https://www.facebook.com/forbes"><meta property="article:author" content="Ashlea Ebeling"><meta property="article:section" content="Investing" itemprop="articleSection"><meta property="article:section_url" content="https://www.forbes.com/investing/"><meta property="article:id" content="blogAndPostId/blog/post/964-14869"><meta property="article:published" content="2017-08-30" itemprop="datePublished"><meta property="article:modified" content="2017-09-01" itemprop="dateModified"><link rel="amphtml" href="https://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/amp/"><script id="article-metadata" type="application/ld+json">{"@context":"http://schema.org","publisher":{"@type":"Organization","name":"Forbes","logo":{"@type":"ImageObject","url":"https://i.forbesimg.com/media/amp/images/forbes-logo-dark.png","width":60,"height":60}},"@type":"NewsArticle","author":"Ashlea Ebeling","image":{"@type":"ImageObject","url":"https://thumbor.forbes.com/thumbor/1280x868/smart/https%3A%2F%2Fspecials-images.forbesimg.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale","width":1280,"height":868},"headline":"Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened","datePublished":"Wed Aug 30 2017 22:14:00 GMT+0000","dateModified":"Fri Sep 01 2017 15:18:26 GMT+0000","name":"Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened","Keywords":"","mainEntityOfPage":"https://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/"}</script><script id="article-speakable" type="application/ld+json">{"@context":"http://schema.org","publisher":{"@type":"Organization","name":"Forbes","logo":{"@type":"ImageObject","url":"https://i.forbesimg.com/media/amp/images/forbes-logo-dark.png","width":60,"height":60}},"@type":"WebPage","name":"Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened","speakable":{"@type":"SpeakableSpecification","cssSelector":[".speakable-headline",".speakable-author",".speakable-paragraph"]},"url":"https://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/"}</script></head><body><app-root ng-version="5.2.0">
		<!---->
		<router-outlet></router-outlet><app _nghost-c2=""><!---->
<navbar _ngcontent-c2="" _nghost-c4="" class="undefined-expanded"><div _ngcontent-c4="" class="top-nav">
	<a _ngcontent-c4="" class="hamburger fs-text-l">
		<i _ngcontent-c4="" class="icon icon-hamburger" data-ga-track="Hamburger Icon"></i>
		<i _ngcontent-c4="" class="icon icon-close" data-ga-track="Hamburger X Close"></i>
	</a>

	<div _ngcontent-c4="" class="brand-logo-container">
		<!---->

		<a _ngcontent-c4="" class="homepage-link fs-text-l" href="//www.forbes.com/">
			<i _ngcontent-c4="" class="icon icon-forbes-logo" data-ga-track="Forbes Logo Link"></i>
		</a>
	</div>

	<a _ngcontent-c4="" class="share-expanded fs-text-l fs-responsive-text"><i _ngcontent-c4="" class="icon icon-share"></i></a>
	<a _ngcontent-c4="" class="search fs-text-l fs-responsive-text">
		<i _ngcontent-c4="" class="icon icon-search" data-ga-track="Search Icon"></i>
		<i _ngcontent-c4="" class="icon icon-close"></i>
	</a>
</div>

<!---->

<div _ngcontent-c4="" class="bottom-sticky">
	<!----><ul _ngcontent-c4="" class="expand-social fs-text-m fs-responsive-text">
		<li _ngcontent-c4="" class="icon icon-facebook"></li>
		<li _ngcontent-c4="" class="icon icon-twitter"></li>
		<li _ngcontent-c4="" class="icon icon-email"></li>
		<li _ngcontent-c4="" class="icon icon-linkedin"></li>
		<li _ngcontent-c4="" class="share-text fs-text-xxs">
			<a _ngcontent-c4="">share</a>
			<i _ngcontent-c4="" class="icon icon-chevron-right"></i>
		</li>
	</ul>

	<!---->

	<a _ngcontent-c4="" class="trending">
		<i _ngcontent-c4="" class="icon icon-plus" data-ga-track="Popular Box"></i>
		<small _ngcontent-c4="">Trending</small>
	</a>
</div>
</navbar>
<!---->

<router-outlet _ngcontent-c2=""></router-outlet><stream _nghost-c13=""><!----><page _ngcontent-c13="" class="fs-main-content" _nghost-c14="" id="article-container-0" aria-current="true"><article-header _ngcontent-c14="" _nghost-c15=""><!----><channel-path _ngcontent-c15="" class="fs-text-l fs-responsive-text" _nghost-c24=""><a _ngcontent-c24="" class="logo" href="//www.forbes.com/">
	<i _ngcontent-c24="" class="icon icon-forbes-logo" data-ga-track="Forbes Logo Link"></i>
</a>
<!----><a _ngcontent-c24="" class="crumb" data-ga-track="Channel Heading Link Top" href="/finance">Personal Finance</a>
<!----><a _ngcontent-c24="" class="hashtag" data-ga-track="Hashtag Click" href="/search/?substream=hashtags&amp;q=RetireWell">#RetireWell</a>
</channel-path>

<!----><div _ngcontent-c15="" class="top-ad-container" style="">
	<!---->
</div>

<!---->

<!---->

<small _ngcontent-c15="" class="article-meta">
	<!----><channel-path _ngcontent-c15="" _nghost-c24=""><a _ngcontent-c24="" class="logo" href="//www.forbes.com/">
	<i _ngcontent-c24="" class="icon icon-forbes-logo" data-ga-track="Forbes Logo Link"></i>
</a>
<!----><a _ngcontent-c24="" class="crumb" data-ga-track="Channel Heading Link Top" href="/finance">Personal Finance</a>
<!----><a _ngcontent-c24="" class="hashtag" data-ga-track="Hashtag Click" href="/search/?substream=hashtags&amp;q=RetireWell">#RetireWell</a>
</channel-path>
	<metrics _ngcontent-c15="" class="fs-text-xs" _nghost-c26=""><time _ngcontent-c26="">Aug 30, 2017 @ 06:14 PM</time>
<!---->
</metrics>
	<!----><a _ngcontent-c15="" class="badge editors-pick" href="https://www.forbes.com/editors-picks/">
		<i _ngcontent-c15="" class="icon icon-badge fs-text-l"></i>
		<i _ngcontent-c15="" class="icon icon-star fs-text-s"></i>
	</a>
	<!---->
	<!---->
	<!---->
	<a _ngcontent-c15="" class="circ-link fs-text-xs" href="" data-ga-track="Red Circulation Link"></a>
</small>

<!---->

<!----><h1 _ngcontent-c15="" class="fs-headline speakable-headline">Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened</h1>

<span _ngcontent-c15="" class="badge-wrapper">
	<!---->
	<!---->
	<!---->
</span>

<div _ngcontent-c15=""><script type="text/javascript">performance.mark = performance.mark || function(s) {}; performance.mark('content_title_end');</script></div>
</article-header>
<div _ngcontent-c14="" class="article-wrapper">
	<!----><div _ngcontent-c14="" class="ad-rail-container">
		<!---->
	</div>
	<!----><div _ngcontent-c14="" class="body-container">
		<!---->
		<sharing _ngcontent-c14="" _nghost-c10=""><!----><ul _ngcontent-c10="" class="fs-text-m">
	<li _ngcontent-c10="" class="share-expanded">
		<button _ngcontent-c10="">
			<i _ngcontent-c10="" class="icon icon-share"></i>
		</button>
	</li>
	<!----><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon email" classname="social-icon email" data-ga-track="Email Click">
			<i _ngcontent-c10="" class="icon icon-email" classname="icon icon-email" data-ga-track="Email Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon facebook" classname="social-icon facebook" data-ga-track="Facebook Click">
			<i _ngcontent-c10="" class="icon icon-facebook" classname="icon icon-facebook" data-ga-track="Facebook Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon twitter" classname="social-icon twitter" data-ga-track="Twitter Click">
			<i _ngcontent-c10="" class="icon icon-twitter" classname="icon icon-twitter" data-ga-track="Twitter Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon linkedin" classname="social-icon linkedin" data-ga-track="Linkedin Click">
			<i _ngcontent-c10="" class="icon icon-linkedin" classname="icon icon-linkedin" data-ga-track="Linkedin Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon google" classname="social-icon google" data-ga-track="Google Plus Click">
			<i _ngcontent-c10="" class="icon icon-google" classname="icon icon-google" data-ga-track="Google Plus Click"></i>
		</button>
	</li>

	<!---->

	<!---->
</ul>
</sharing>
		<!----><contrib-block _ngcontent-c14="" _nghost-c17=""><div _ngcontent-c17="" class="contrib-container">
	<!----><a _ngcontent-c17="" class="fs-author-avatar" href="/sites/ashleaebeling/">
		<!----><img _ngcontent-c17="" class="fs-author-image" src="https://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=400&amp;d=mm&amp;r=g" data-ga-track="Gravatar Link">
		<!---->
	</a>

	<div _ngcontent-c17="" class="contrib-info">
		<contrib-byline _ngcontent-c17="" _nghost-c27="" class="no-disclaimer"><span _ngcontent-c27="" class="fs-author-name contrib-byline-author speakable-author">
	<a _ngcontent-c27="" href="/sites/ashleaebeling/" data-ga-track="contrib block byline">
		<!----><!---->Ashlea Ebeling<!---->
	</a>
</span>

<!----><span _ngcontent-c27="" class="comma">, </span>

<!---->

<!----><span _ngcontent-c27="" class="contrib-byline-type">
	<!----><span _ngcontent-c27="">
		<span _ngcontent-c27="" class="fs-text-s forbes-staff">
			Forbes Staff
			<i _ngcontent-c27="" class="icon icon-staff-verified"></i>
		</span>
	</span>
	<!---->
	<!---->
</span>
</contrib-byline>

		<!----><span _ngcontent-c17="" class="contrib-tagline fs-text-xs fs-responsive-text" innerhtml="I write about how to build, manage and enjoy your family's wealth.">I write about how to build, manage and enjoy your family's wealth.</span>
		<!----><a _ngcontent-c17="" class="full-bio fs-text-xs fs-responsive-text" data-ga-track="contrib block expand">
			<span _ngcontent-c17="" class="icon icon-chevron-down"></span>
		</a>

		<!---->

		<!---->

		<!---->

	</div>
</div>

<!---->
</contrib-block>
		<!---->
		<!---->
		<!----><article-body-container _ngcontent-c14="" class="article-body fs-article fs-responsive-text" _nghost-c20=""><!---->

<!---->

<!---->
<div _ngcontent-c20="" innerhtml="<p>The Internal Revenue Service announced more tax relief today for victims of Hurricane Harvey, this time lifting hurdles to accessing retirement funds. It’s usually hard to qualify for an in-service distribution from your workplace retirement plan, but the IRS is bending the rules for storm victims as it has in the past. Employer-sponsored retirement plans --401(k)s, 403(b)s, and 457(b) plans -- can make loans and hardship distributions to victims of Hurricane Harvey and members of their families without going through the usual hoops.</p>
<p>Retirement plans don’t have to allow hardship withdrawals or loans, but under the relief, they can let employees do so before the plan is amended to specifically allow it. It’s okay if the need for taking the money out—shelter for example—isn’t listed as a hardship under the current plan rules. Basically, any hardship arising from Hurricane Harvey is treated as an “unforeseeable emergency” for purposes of retirement plan distributions. In addition, some documentation requirements, which can be onerous, can be disregarded.</p>
<p>The special rules, spelled out in <a href=&quot;https://www.irs.gov/pub/irs-drop/a-17-11.pdf&quot; target=&quot;_blank&quot;>IRS Annoucement 2017-11</a>, apply between August 23, 2017 and January 31, 2018. The retirement plan relief is in addition to the income and payroll tax relief already provided to individuals and business taxpayers affected by Harvey. See Forbes’ Kelly Phillips Erb’s <a href=&quot;https://www.forbes.com/sites/kellyphillipserb/2017/08/28/irs-announces-tax-relief-for-taxpayers-affected-by-hurricane-harvey/#6a454cba42fe&quot; target=&quot;_self&quot;>IRS Announces Tax Relief For Hurricane Harvey Victims</a>.</p>
<div id=&quot;attachment_41514062&quot; class=&quot;wp-caption alignnone&quot;> 
 <div class=&quot;article-body-image&quot;> 
  <progressive-image class=&quot;progressive-placeholder&quot; src=&quot;https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale&quot; low-res-src=&quot;https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale&quot;></progressive-image> 
 </div> 
 <div article-image-caption=&quot;&quot;> 
  <div class=&quot;caption-container&quot; ng-class=&quot;caption_state&quot;> 
   <fbs-accordion current=&quot;0&quot;> 
    <p class=&quot;wp-caption-text&quot;>Houses at the Highland Glen subdivision stand in floodwaters due to Hurricane Harvey in Spring, Texas, U.S., on Monday, Aug. 28, 2017. A deluge of rain and rising floodwaters left Houston immersed and helpless, crippling a global center of the oil industry and testing the economic resiliency of a state that's home to almost 1 in 12 U.S. workers. Photographer: Luke Sharrett/Bloomberg</p> 
   </fbs-accordion> 
  </div> 
 </div> 
</div>
<p> 
 </p>
<p>The latest IRS announcement reminds taxpayers that spousal consent (sign-off) rules still apply, and that hardship distributions, except to the extent the distribution comes from aftertax contributions, will be taxable as income and likely subject to a 10% “early withdrawal” penalty.</p>
<p>Taking a loan is a better option, but note that loans typically need to be repaid (with interest) within five years to your account. The law allows you to borrow up to $50,000 or half your vested balance, whichever is less.</p>
<div class=&quot;vestpocket&quot; vest-pocket=&quot;&quot;></div>
<p>Note: amounts attributable to rollover contributions (money you rolled into your existing 401(k) from a former 401(k)) may be accessible at any time.</p>
<p>Typically, if you take a distribution you can’t contribute to the plan for another six months, but the special rules waive that restriction. That’s especially important if you’re taking money out to help a relative but want to keep contributing to your plan to keep your retirement goals on track.</p>"><p class="speakable-paragraph">The Internal Revenue Service announced more tax relief today for victims of Hurricane Harvey, this time lifting hurdles to accessing retirement funds. It’s usually hard to qualify for an in-service distribution from your workplace retirement plan, but the IRS is bending the rules for storm victims as it has in the past. Employer-sponsored retirement plans --401(k)s, 403(b)s, and 457(b) plans -- can make loans and hardship distributions to victims of Hurricane Harvey and members of their families without going through the usual hoops.</p>
<p>Retirement plans don’t have to allow hardship withdrawals or loans, but under the relief, they can let employees do so before the plan is amended to specifically allow it. It’s okay if the need for taking the money out—shelter for example—isn’t listed as a hardship under the current plan rules. Basically, any hardship arising from Hurricane Harvey is treated as an “unforeseeable emergency” for purposes of retirement plan distributions. In addition, some documentation requirements, which can be onerous, can be disregarded.</p>
<p>The special rules, spelled out in <a href="https://www.irs.gov/pub/irs-drop/a-17-11.pdf" target="_blank">IRS Annoucement 2017-11</a>, apply between August 23, 2017 and January 31, 2018. The retirement plan relief is in addition to the income and payroll tax relief already provided to individuals and business taxpayers affected by Harvey. See Forbes’ Kelly Phillips Erb’s <a href="https://www.forbes.com/sites/kellyphillipserb/2017/08/28/irs-announces-tax-relief-for-taxpayers-affected-by-hurricane-harvey/#6a454cba42fe" target="_self">IRS Announces Tax Relief For Hurricane Harvey Victims</a>.</p>
<div id="attachment_41514062" class="wp-caption alignnone"> 
 <div class="article-body-image"> 
  <progressive-image class="progressive-placeholder" src="https://thumbor.forbes.com/thumbor/960x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale" low-res-src="https://thumbor.forbes.com/thumbor/100x0/smart/https%3A%2F%2Fblogs-images.forbes.com%2Fimageserve%2F41514062%2F960x0.jpg%3Ffit%3Dscale"></progressive-image> 
 </div> 
 <div article-image-caption=""> 
  <div class="caption-container" ng-class="caption_state"> 
   <fbs-accordion current="0"> 
    <p class="wp-caption-text">Houses at the Highland Glen subdivision stand in floodwaters due to Hurricane Harvey in Spring, Texas, U.S., on Monday, Aug. 28, 2017. A deluge of rain and rising floodwaters left Houston immersed and helpless, crippling a global center of the oil industry and testing the economic resiliency of a state that's home to almost 1 in 12 U.S. workers. Photographer: Luke Sharrett/Bloomberg</p> 
   </fbs-accordion> 
  </div> 
 </div> 
</div>
<p> 
 </p>
<p>The latest IRS announcement reminds taxpayers that spousal consent (sign-off) rules still apply, and that hardship distributions, except to the extent the distribution comes from aftertax contributions, will be taxable as income and likely subject to a 10% “early withdrawal” penalty.</p>
<p>Taking a loan is a better option, but note that loans typically need to be repaid (with interest) within five years to your account. The law allows you to borrow up to $50,000 or half your vested balance, whichever is less.</p>
<div class="vestpocket" vest-pocket=""></div>
<p>Note: amounts attributable to rollover contributions (money you rolled into your existing 401(k) from a former 401(k)) may be accessible at any time.</p>
<p>Typically, if you take a distribution you can’t contribute to the plan for another six months, but the special rules waive that restriction. That’s especially important if you’re taking money out to help a relative but want to keep contributing to your plan to keep your retirement goals on track.</p></div>
<!---->
<!---->
<!---->
</article-body-container>
		<!---->
		<footer _ngcontent-c14="" class="article-footer">
			<!----><pagination-nav _ngcontent-c14="" _nghost-c21=""><!---->

	Page <strong _ngcontent-c21="">1 / 2</strong>

<!----><a _ngcontent-c21="" class="next" data-ga-track="Continue Reading" href="/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/2">Continue <i _ngcontent-c21="" class="icon icon-chevron-right"></i></a>
</pagination-nav>
			<sharing _ngcontent-c14="" _nghost-c10=""><!----><ul _ngcontent-c10="" class="fs-text-m">
	<li _ngcontent-c10="" class="share-expanded">
		<button _ngcontent-c10="">
			<i _ngcontent-c10="" class="icon icon-share"></i>
		</button>
	</li>
	<!----><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon email" classname="social-icon email" data-ga-track="Email Click">
			<i _ngcontent-c10="" class="icon icon-email" classname="icon icon-email" data-ga-track="Email Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon facebook" classname="social-icon facebook" data-ga-track="Facebook Click">
			<i _ngcontent-c10="" class="icon icon-facebook" classname="icon icon-facebook" data-ga-track="Facebook Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon twitter" classname="social-icon twitter" data-ga-track="Twitter Click">
			<i _ngcontent-c10="" class="icon icon-twitter" classname="icon icon-twitter" data-ga-track="Twitter Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon linkedin" classname="social-icon linkedin" data-ga-track="Linkedin Click">
			<i _ngcontent-c10="" class="icon icon-linkedin" classname="icon icon-linkedin" data-ga-track="Linkedin Click"></i>
		</button>
	</li><li _ngcontent-c10="">
		<button _ngcontent-c10="" class="social-icon google" classname="social-icon google" data-ga-track="Google Plus Click">
			<i _ngcontent-c10="" class="icon icon-google" classname="icon icon-google" data-ga-track="Google Plus Click"></i>
		</button>
	</li>

	<!---->

	<!---->
</ul>
</sharing>
			<printbar _ngcontent-c14="" _nghost-c22=""><ul _ngcontent-c22="" class="fs-text-xxs fs-responsive-text">
	<li _ngcontent-c22="" class="print">
		<a _ngcontent-c22="">Print</a>
	</li>
	<li _ngcontent-c22="">
		<a _ngcontent-c22="" href="mailto:feedback@forbes.com">Website Feedback</a>
	</li>
	<li _ngcontent-c22="">
		<a _ngcontent-c22="" href="https://www.forbes.com/tips/" target="_blank">News Tip</a>
	</li>
	<li _ngcontent-c22="" class="corrections">
		<a _ngcontent-c22="" href="mailto:corrections@forbes.com?subject=Report%20Correction&amp;body=Reporting%20Correction%20for%3A%0A%0ATitle%3A%20Tax%20Relief%20For%20Hurricane%20Harvey%20Victims%3A%20Retirement%20Account%20Withdrawal%20Rules%20Loosened%0AAuthor%3A%20Ashlea%20Ebeling%0AURL%3A%20%2F%2Fwww.forbes.com%2Fsites%2Fashleaebeling%2F2017%2F08%2F30%2Ftax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals%2F%0A%0A--%0A%0AYour%20Name%3A%0ACorrection%20Request%3A%0A%0A--%0A%0AThank%20you%20for%20reporting%20a%20correction.%20Forbes%20staff%20will%20review%20your%20concern%20shortly.">Report Corrections</a>
	</li>
	<li _ngcontent-c22="">
		<a _ngcontent-c22="" href="http://forbesreprints.magreprints.com" target="_blank">Reprints &amp; Permissions</a>
	</li>
</ul></printbar>
			<!---->
		</footer>
	</div>
</div>

<!----><div _ngcontent-c14="">
	<!---->
	<!---->
</div>
</page>
</stream>
<!---->

<sidenav _ngcontent-c2="" _nghost-c7="" class="undefined-expanded"><!---->

<!---->

<!---->
</sidenav>

<!---->
</app>
	</app-root><script id="ng-templates-state" type="application/json">{&q;environmentName&q;:&q;prod&q;,&q;is_mobile&q;:false,&q;/forbesapi/content/uri.json?shortcodes=true&a;slides=true&a;type=ng&a;tickers=true&a;bvallpages=true&a;autovpslider=true&a;stream=true&a;compressimages=true&a;mobile=false&a;prgsmobileads=false&a;relativeVideo=true&a;videoplayertype=brightcove_perform_with_keyvalues&a;swimlane=&a;uri=http://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/&q;:{&q;content&q;:{&q;id&q;:&q;content_59a72d6c64aaf97b128dd676&q;,&q;naturalId&q;:&q;blogAndPostId/blog/post/964-14869&q;,&q;source&q;:&q;blogs&q;,&q;author&q;:&q;Ashlea Ebeling&q;,&q;title&q;:&q;Tax Relief For Hurricane Harvey Victims: Retirement Account Withdrawal Rules Loosened&q;,&q;date&q;:1504131240000,&q;body&q;:&q;&l;p&g;The Internal Revenue Service announced more tax relief today for victims of Hurricane Harvey, this time lifting hurdles to accessing retirement funds. It&a;rsquo;s usually hard to qualify for an in-service distribution from your workplace retirement plan, but the IRS is bending the rules for storm victims as it has in the past. Employer-sponsored retirement plans --401(k)s, 403(b)s, and 457(b) plans -- can make loans and hardship distributions to victims of Hurricane Harvey and members of their families without going through the usual hoops.\r\n\r\nRetirement plans don&a;rsquo;t have to allow hardship withdrawals or loans, but under the relief, they can let employees do so before the plan is amended to specifically allow it. It&a;rsquo;s okay if the need for taking the money out&a;mdash;shelter for example&a;mdash;isn&a;rsquo;t listed as a hardship under the current plan rules. Basically, any hardship arising from Hurricane Harvey is treated as an &a;ldquo;unforeseeable emergency&a;rdquo; for purposes of retirement plan distributions. In addition, some documentation requirements, which can be onerous, can be disregarded.\r\n\r\nThe special rules, spelled out in &l;a href=\&q;https://www.irs.gov/pub/irs-drop/a-17-11.pdf\&q; target=\&q;_blank\&q;&g;IRS Annoucement 2017-11&l;/a&g;, apply between August 23, 2017 and January 31, 2018. The retirement plan relief is in addition to the income and payroll tax relief already provided to individuals and business taxpayers affected by Harvey. See Forbes&a;rsquo; Kelly Phillips Erb&a;rsquo;s &l;a href=\&q;https://www.forbes.com/sites/kellyphillipserb/2017/08/28/irs-announces-tax-relief-for-taxpayers-affected-by-hurricane-harvey/#6a454cba42fe\&q;&g;IRS Announces Tax Relief For Hurricane Harvey Victims&l;/a&g;.\r\n\r\n[caption id=\&q;attachment_41514062\&q; photocredit=\&q;\&q;  align=\&q;\&q; width=\&q;960\&q;]&l;img class=\&q;dam-image bloomberg size-large wp-image-41514062\&q; src=\&q;http://specials-images.forbesimg.com/imageserve/41514062/960x0.jpg?fit=scale\&q; data-height=\&q;640\&q; data-width=\&q;960\&q;&g; Houses at the Highland Glen subdivision stand in floodwaters due to Hurricane Harvey in Spring, Texas, U.S., on Monday, Aug. 28, 2017. A deluge of rain and rising floodwaters left Houston immersed and helpless, crippling a global center of the oil industry and testing the economic resiliency of a state that&s;s home to almost 1 in 12 U.S. workers. Photographer: Luke Sharrett/Bloomberg[/caption]\r\n\r\nThe latest IRS announcement reminds taxpayers that spousal consent (sign-off) rules still apply, and that hardship distributions, except to the extent the distribution comes from aftertax contributions, will be taxable as income and likely subject to a 10% &a;ldquo;early withdrawal&a;rdquo; penalty.\r\n\r\nTaking a loan is a better option, but note that loans typically need to be repaid (with interest) within five years to your account. The law allows you to borrow up to $50,000 or half your vested balance, whichever is less.\r\n\r\nNote: amounts attributable to rollover contributions (money you rolled into your existing 401(k) from a former 401(k)) may be accessible at any time.\r\n\r\nTypically, if you take a distribution you can&a;rsquo;t contribute to the plan for another six months, but the special rules waive that restriction. That&a;rsquo;s especially important if you&a;rsquo;re taking money out to help a relative but want to keep contributing to your plan to keep your retirement goals on track.\r\n&l;!--nextpage--&g;\r\nAs of today, the disaster area includes 21 counties: Aransas, Bee, Brazoria, Calhoun, Chambers, Colorado, Fayette, Fort Bend, Galveston, Goliad, Hardin, Harris, Jackson, Jasper, Jefferson, Kleberg, Liberty, Matagorda, Montgomery, Newton, Nueces, Orange, Refugio, Sabine, San Jacinto, San Patricio, Victoria, Waller, Wharton. As the weakened but still relentless Tropical Storm Harvey makes its way into Louisiana, check this &l;a href=\&q;https://www.fema.gov/disaster/4332\&q; target=\&q;_blank\&q;&g;FEMA link&l;/a&g; for updates on affected counties eligible for tax relief.\r\n\r\n&l;strong&g;See also:&l;/strong&g;\r\n\r\n&l;a href=\&q;https://www.forbes.com/sites/ashleaebeling/2017/08/29/giving-stock-to-the-greater-houston-community-foundation-hurricane-harvey-relief-fund/#9d5147e53947\&q;&g;Giving Stock To The Greater Houston Community Foundation&l;/a&g;&l;/p&g;&q;,&q;description&q;:&q;The IRS just made it easier for hurricane victims and their families to access retirement funds.&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/41514062/960x0.jpg?fit=scale&q;,&q;type&q;:&q;blog&q;,&q;storyType&q;:&q;post&q;,&q;uri&q;:&q;http://www.forbes.com/sites/ashleaebeling/2017/08/30/tax-relief-for-hurricane-harvey-victims-retirement-account-withdrawals/&q;,&q;comments&q;:[],&q;visible&q;:true,&q;authors&q;:[{&q;naturalId&q;:&q;blogAuthorId/blog/author/632&q;,&q;name&q;:&q;Ashlea Ebeling&q;,&q;avatars&q;:[{&q;size&q;:400,&q;image&q;:&q;https://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=400&a;d=mm&a;r=g&q;},{&q;size&q;:136,&q;image&q;:&q;https://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=136&a;d=mm&a;r=g&q;},{&q;size&q;:62,&q;image&q;:&q;https://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=62&a;d=mm&a;r=g&q;},{&q;size&q;:40,&q;image&q;:&q;https://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=40&a;d=mm&a;r=g&q;}],&q;url&q;:&q;http://www.forbes.com/sites/ashleaebeling/&q;,&q;type&q;:&q;Forbes Staff&q;,&q;profileUrl&q;:&q;/sites/ashleaebeling/&q;,&q;twitterName&q;:&q;ashleaebeling&q;,&q;authorType&q;:&q;individual&q;,&q;linkedIn&q;:&q;http://www.linkedin.com/pub/ashlea-ebeling/22/550/18a&q;,&q;email&q;:&q;AEbeling@forbes.com&q;,&q;blog&q;:false,&q;timestamp&q;:1488234195232,&q;shortBio&q;:&q;I write about how to build, manage and enjoy your family&s;s wealth.&q;,&q;blogName&q;:&q;The Best Revenge&q;,&q;topics&q;:[&q;personal-finance&q;,&q;investing&q;,&q;taxes&q;,&q;business&q;,&q;retirement&q;,&q;entrepreneurs&q;,&q;taxes-and-law&q;,&q;financing&q;,&q;microbusiness&q;,&q;advisor-network&q;,&q;washington&q;,&q;catching-up&q;,&q;navigating-the-new-retirement&q;],&q;recentFlag&q;:false,&q;description&q;:&q;I&s;m an associate editor at Forbes, reporting on personal finance from my outpost in a Modernist house in New Canaan, Conn. I have a law degree, and I write about how to build, manage and enjoy your family&s;s wealth.\r\n\r\nSince I joined Forbes in 1997, my favorite stories have been on how people fuel their passions (historic preservation, open space, art, for example) by exploiting the tax code. I also get into the nitty-gritty of retirement account rules, estate planning and strategic charitable giving. My favorite Forbes business trip: to Plano, Ill. to report on the restoration of Ludwig Mies van der Rohe&s;s Farnsworth House, then owned by a British baron. Live well.\r\n\r\nFollow me on Twitter: http://www.twitter.com/ashleaebeling\r\n\r\nSend me an email: aebeling@forbes.com&q;,&q;recentActivityCount&q;:0,&q;latestActivityDate&q;:1447711020000,&q;dailyActivityCount&q;:0,&q;primaryBlogNaturalId&q;:&q;blogAuthorId/blog/author/blog-964&q;,&q;shortUri&q;:&q;http://onforb.es/12liM5h&q;,&q;displayChannel&q;:&q;investing&q;,&q;displaySection&q;:&q;personalfinance&q;,&q;contributorSince&q;:1280865632000,&q;slug&q;:&q;ashleaebeling&q;,&q;showNoVestPocket&q;:false,&q;embargo&q;:false,&q;primaryChannelId&q;:&q;channel_2&q;,&q;primarySectionId&q;:&q;section_65&q;,&q;enableContribContact&q;:true,&q;enableTwitterFeed&q;:false,&q;disableCanonical&q;:false,&q;disableDigest&q;:false,&q;forbesTwitterProfile&q;:{&q;screenName&q;:&q;ashleaebeling&q;,&q;name&q;:&q;Ashlea Ebeling&q;,&q;profileImageUrl&q;:&q;http://pbs.twimg.com/profile_images/447025847577223168/j9FZyehE.jpeg&q;,&q;description&q;:&q;Associate Editor, Forbes&q;,&q;createdDate&q;:1297440538000,&q;location&q;:&q;New Canaan, Conn.&q;,&q;url&q;:&q;http://t.co/HaIWurDsvc&q;,&q;expandedUrl&q;:&q;http://www.forbes.com/sites/ashleaebeling&q;,&q;displayUrl&q;:&q;forbes.com/sites/ashleaeb…&q;,&q;verified&q;:false},&q;inactive&q;:true,&q;primaryChannel&q;:{&q;id&q;:&q;channel_2&q;,&q;channelId&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionId&q;:&q;section_65&q;,&q;sectionName&q;:&q;Personal Finance&q;,&q;url&q;:&q;/finance&q;,&q;shortName&q;:&q;Personal Finance&q;},&q;allowEmail&q;:false,&q;avatar_map&q;:{}},{&q;naturalId&q;:&q;blogAuthorId/blog/author/blog-964&q;,&q;name&q;:&q;The Best Revenge&q;,&q;avatars&q;:[{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;},{&q;size&q;:0,&q;image&q;:&q;&q;}],&q;url&q;:&q;http://www.forbes.com/sites/ashleaebeling/&q;,&q;profileUrl&q;:&q;https://blogs.forbes.com/ashleaebeling/profile/&q;,&q;twitterName&q;:&q;ashleaebeling&q;,&q;authorType&q;:&q;individual&q;,&q;blog&q;:true,&q;timestamp&q;:1512748713394,&q;topics&q;:[&q;personal-finance&q;,&q;investing&q;,&q;taxes&q;,&q;entrepreneurs&q;,&q;taxes-and-law&q;,&q;retirement&q;,&q;business&q;,&q;financing&q;,&q;microbusiness&q;,&q;advisor-network&q;,&q;washington&q;,&q;catching-up&q;,&q;navigating-the-new-retirement&q;],&q;recentFlag&q;:false,&q;recentActivityCount&q;:2,&q;latestActivityDate&q;:1447711020000,&q;dailyActivityCount&q;:1,&q;primaryBlogNaturalId&q;:&q;blogAuthorId/blog/author/blog-964&q;,&q;primaryContributor&q;:&q;blogAuthorId/blog/author/632&q;,&q;primaryContributorData&q;:{&q;naturalId&q;:&q;blogAuthorId/blog/author/632&q;,&q;name&q;:&q;Ashlea Ebeling&q;,&q;avatars&q;:[{&q;size&q;:136,&q;image&q;:&q;https://secure.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=136&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:400,&q;image&q;:&q;https://secure.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=400&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:40,&q;image&q;:&q;https://secure.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=40&a;#038;d=mm&a;#038;r=g&q;},{&q;size&q;:62,&q;image&q;:&q;https://secure.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=62&a;#038;d=mm&a;#038;r=g&q;}],&q;blog&q;:false,&q;shortBio&q;:&q;I write about how to build, manage and enjoy your family&s;s wealth.&q;,&q;description&q;:&q;I&s;m an associate editor at Forbes, reporting on personal finance from my outpost in a Modernist house in New Canaan, Conn. I have a law degree, and I write about how to build, manage and enjoy your family&s;s wealth.\r\n\r\nSince I joined Forbes in 1997, my favorite stories have been on how people fuel their passions (historic preservation, open space, art, for example) by exploiting the tax code. I also get into the nitty-gritty of retirement account rules, estate planning and strategic charitable giving. My favorite Forbes business trip: to Plano, Ill. to report on the restoration of Ludwig Mies van der Rohe&s;s Farnsworth House, then owned by a British baron. Live well.\r\n\r\nFollow me on Twitter: http://www.twitter.com/ashleaebeling\r\n\r\nSend me an email: aebeling@forbes.com&q;,&q;allowEmail&q;:false},&q;shortUri&q;:&q;http://onforb.es/12liM5h&q;,&q;displayChannel&q;:&q;investing&q;,&q;displaySection&q;:&q;personalfinance&q;,&q;contributorSince&q;:1280851234000,&q;slug&q;:&q;ashleaebeling&q;,&q;showNoVestPocket&q;:false,&q;embargo&q;:false,&q;primaryChannelId&q;:&q;channel_2&q;,&q;primarySectionId&q;:&q;section_65&q;,&q;enableContribContact&q;:false,&q;enableTwitterFeed&q;:false,&q;disableCanonical&q;:false,&q;disableDigest&q;:false,&q;forbesTwitterProfile&q;:{&q;screenName&q;:&q;ashleaebeling&q;,&q;name&q;:&q;Ashlea Ebeling&q;,&q;profileImageUrl&q;:&q;http://pbs.twimg.com/profile_images/447025847577223168/j9FZyehE.jpeg&q;,&q;description&q;:&q;Associate Editor, Forbes&q;,&q;createdDate&q;:1297440538000,&q;location&q;:&q;New Canaan, Conn.&q;,&q;url&q;:&q;http://t.co/HaIWurDsvc&q;,&q;expandedUrl&q;:&q;http://www.forbes.com/sites/ashleaebeling&q;,&q;displayUrl&q;:&q;forbes.com/sites/ashleaeb…&q;,&q;verified&q;:false},&q;inactive&q;:false,&q;primaryChannel&q;:{&q;id&q;:&q;channel_2&q;,&q;channelId&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionId&q;:&q;section_65&q;,&q;sectionName&q;:&q;Personal Finance&q;,&q;url&q;:&q;/finance&q;,&q;shortName&q;:&q;Personal Finance&q;},&q;allowEmail&q;:false,&q;avatar_map&q;:{}}],&q;channelSection&q;:[{&q;channelId&q;:&q;channel_2&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_14&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_15&q;},{&q;channelId&q;:&q;channel_2&q;,&q;sectionId&q;:&q;section_65&q;}],&q;slug&q;:&q;The Best Revenge&q;,&q;blogType&q;:&q;individual&q;,&q;sitePage&q;:&q;forbes.com/investing/blogs/ashleaebeling/index.html&q;,&q;displayChannel&q;:&q;investing&q;,&q;displaySection&q;:&q;personalfinance&q;,&q;vestPocketList&q;:[{&q;id&q;:&q;50f5b3ba76e4704e3a03934e&q;,&q;type&q;:&q;blogslide&q;,&q;uri&q;:&q;http://www.forbes.com/sites/janetnovack/2013/01/15/11-ways-to-tap-retirement-cash-early-without-a-10-penalty/&q;,&q;image&q;:&q;http://blogs-images.forbes.com/thumbnails/blog_960/pt_960_7745_o.jpg?t=1379184101&q;,&q;title&q;:&q;11 Ways To Tap Retirement Cash Early, Without A 10% Penalty&q;,&q;contentType&q;:&q;blogslide&q;,&q;position&q;:0,&q;naturalId&q;:&q;blogAndPostId/blog/post/960-7745&q;,&q;authorImage&q;:&q;https://secure.gravatar.com/avatar/2a9b4b34a6e36bb92ca139b2eedc860c?s=40&a;d=mm&a;r=g&q;,&q;authorUrl&q;:&q;http://www.forbes.com/sites/janetnovack/&q;,&q;authorType&q;:&q;Forbes Staff&q;,&q;authorName&q;:&q;Janet Novack&q;,&q;blogType&q;:&q;individual&q;},{&q;id&q;:&q;5979cbaf64aaf93605d17ddd&q;,&q;type&q;:&q;blog&q;,&q;uri&q;:&q;http://www.forbes.com/sites/ashleaebeling/2017/07/27/why-millennials-should-embrace-roth-401ks/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/193675724/960x0.jpg?fit=scale&q;,&q;title&q;:&q;Why Millennials Should Embrace Roth 401(k)s&q;,&q;contentType&q;:&q;blog&q;,&q;position&q;:1,&q;naturalId&q;:&q;blogAndPostId/blog/post/964-14819&q;,&q;authorImage&q;:&q;http://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=40&a;d=mm&a;r=g&q;,&q;authorUrl&q;:&q;http://www.forbes.com/sites/ashleaebeling/&q;,&q;authorType&q;:&q;Forbes Staff&q;,&q;authorName&q;:&q;Ashlea Ebeling&q;,&q;blogType&q;:&q;individual&q;},{&q;id&q;:&q;598c7b0f64aaf9131bbbe64f&q;,&q;type&q;:&q;blog&q;,&q;uri&q;:&q;http://www.forbes.com/sites/ashleaebeling/2017/08/10/tax-court-nixes-roth-ira-tax-shelter/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/319436051/960x0.jpg?fit=scale&q;,&q;title&q;:&q;Tax Court Nixes Roth IRA Tax Shelter&q;,&q;contentType&q;:&q;blog&q;,&q;position&q;:2,&q;naturalId&q;:&q;blogAndPostId/blog/post/964-14852&q;,&q;authorImage&q;:&q;http://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=40&a;d=mm&a;r=g&q;,&q;authorUrl&q;:&q;http://www.forbes.com/sites/ashleaebeling/&q;,&q;authorType&q;:&q;Forbes Staff&q;,&q;authorName&q;:&q;Ashlea Ebeling&q;,&q;blogType&q;:&q;individual&q;},{&q;id&q;:&q;5812382a64aaf93de4c25f62&q;,&q;type&q;:&q;blog&q;,&q;uri&q;:&q;http://www.forbes.com/sites/ashleaebeling/2016/10/27/irs-announces-2017-retirement-plans-contributions-limits-for-401ks-and-more/&q;,&q;image&q;:&q;https://blogs-images.forbes.com/ashleaebeling/files/2016/10/eggs-1200x1198.jpg&q;,&q;title&q;:&q;IRS Announces 2017 Retirement Plans Contributions Limits For 401(k)s And M...&q;,&q;contentType&q;:&q;blog&q;,&q;position&q;:3,&q;naturalId&q;:&q;blogAndPostId/blog/post/964-13885&q;,&q;authorImage&q;:&q;http://0.gravatar.com/avatar/6bd08f12115b5a9d70be6ce51169107b?s=40&a;d=mm&a;r=g&q;,&q;authorUrl&q;:&q;http://www.forbes.com/sites/ashleaebeling/&q;,&q;authorType&q;:&q;Forbes Staff&q;,&q;authorName&q;:&q;Ashlea Ebeling&q;,&q;blogType&q;:&q;individual&q;},{&q;type&q;:&q;slide&q;,&q;uri&q;:&q;https://www.forbes.com/pictures/mlj45jggj/1-detroit/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/026M72T8ElbzS/&q;,&q;title&q;:&q;The 10 Most Dangerous U.S. Cities&q;,&q;naturalId&q;:&q;blogAndSlideId/blog/slide/986-6336&q;,&q;count&q;:40166,&q;reason&q;:&q;MP-G&q;},{&q;type&q;:&q;blog&q;,&q;uri&q;:&q;https://www.forbes.com/sites/lizryan/2018/02/12/the-ten-worst-things-you-can-say-in-a-job-interview/&q;,&q;image&q;:&q;https://specials-images.forbesimg.com/dam/imageserve/1023284506/960x0.jpg?fit=scale&q;,&q;title&q;:&q;The Ten Worst Things You Can Say In A Job Interview&q;,&q;naturalId&q;:&q;blogAndPostId/blog/post/2989-32822&q;,&q;count&q;:0,&q;reason&q;:&q;LI&q;},{&q;type&q;:&q;slide&q;,&q;uri&q;:&q;https://www.forbes.com/pictures/feki45eieki/the-toughest-jobs-to-fil/&q;,&q;image&q;:&q;http://specials-images.forbesimg.com/imageserve/316974200/&q;,&q;title&q;:&q;The Toughest Jobs To Fill In 2017&q;,&q;naturalId&q;:&q;blogAndSlideId/blog/slide/2175-15175&q;,&q;count&q;:22616,&q;reason&q;:&q;MP-G&q;},{&q;type&q;:&q;video&q;,&q;uri&q;:&q;https://www.forbes.com/video/5194759064001/&q;,&q;image&q;:&q;http://i.forbesimg.com/media/video/2018/02/06/5194759064001_still.jpg&q;,&q;title&q;:&q;Why So Many Millennials Experience Impostor Syndrome&q;,&q;reason&q;:&q;MP-V&q;}],&q;generatedId&q;:&q;mjh45ehljm&q;,&q;manualDescription&q;:&q;The IRS just made it easier for hurricane victims and their families to access retirement funds.&q;,&q;primaryChannelId&q;:&q;channel_2&q;,&q;primarySectionId&q;:&q;section_65&q;,&q;vestPocketPosition&q;:6,&q;siteSlug&q;:&q;ashleaebeling&q;,&q;preview&q;:false,&q;showComments&q;:true,&q;timestamp&q;:1504279106521,&q;statsEntities&q;:[{&q;id&q;:null,&q;name&q;:&q;Disaster_Accident&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Retirement plans in the United States&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Taxation in the United States&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Tax&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Individual Retirement Accounts&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Money&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Finance&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;401&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Internal Revenue Service&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;403&q;,&q;type&q;:null,&q;relevance&q;:null},{&q;id&q;:null,&q;name&q;:&q;Communications &a; Networking - NEC&q;,&q;type&q;:null,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Professional Information Services - NEC&q;,&q;type&q;:null,&q;relevance&q;:0},{&q;id&q;:null,&q;name&q;:&q;Electrical Components &a; Equipment - NEC&q;,&q;type&q;:null,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Federal Emergency Management Agency&q;,&q;type&q;:&q;Organization&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Texas&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;San Patricio&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;kleberg&q;,&q;type&q;:&q;Company&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Chambers&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;United States&q;,&q;type&q;:&q;Country&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Internal Revenue Service&q;,&q;type&q;:&q;Organization&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;oil industry&q;,&q;type&q;:&q;IndustryTerm&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Luke Sharrett&q;,&q;type&q;:&q;Person&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Houston&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Rules&q;,&q;type&q;:&q;Product&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Photographer&q;,&q;type&q;:&q;Position&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Bloomberg&q;,&q;type&q;:&q;Company&q;,&q;relevance&q;:0},{&q;id&q;:null,&q;name&q;:&q;HIGHLAND GLEN&q;,&q;type&q;:&q;Company&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Louisiana&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Kelly Phillips Erb&q;,&q;type&q;:&q;Person&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Greater Houston Community Foundation&q;,&q;type&q;:&q;Organization&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Fort Bend&q;,&q;type&q;:&q;Facility&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Highland Glen&q;,&q;type&q;:&q;NaturalFeature&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Spring&q;,&q;type&q;:&q;City&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Colorado&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2},{&q;id&q;:null,&q;name&q;:&q;Victoria&q;,&q;type&q;:&q;ProvinceOrState&q;,&q;relevance&q;:0.2}],&q;showNoVestPocket&q;:false,&q;googleKeywords&q;:[&q;hurricane harvey&q;,&q; tax relief&q;,&q; retirement&q;,&q; tropical storm harvey&q;],&q;writtenByForbesStaff&q;:true,&q;templateType&q;:&q;standard&q;,&q;enableSigfile&q;:false,&q;primaryChannel&q;:{&q;id&q;:&q;channel_2&q;,&q;channelId&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionId&q;:&q;section_65&q;,&q;sectionName&q;:&q;Personal Finance&q;,&q;url&q;:&q;/finance&q;,&q;shortName&q;:&q;Personal Finance&q;},&q;pages&q;:[&q;&l;p&g;The Internal Revenue Service announced more tax relief today for victims of Hurricane Harvey, this time lifting hurdles to accessing retirement funds. It’s usually hard to qualify for an in-service distribution from your workplace retirement plan, but the IRS is bending the rules for storm victims as it has in the past. Employer-sponsored retirement plans --401(k)s, 403(b)s, and 457(b) plans -- can make loans and hardship distributions to victims of Hurricane Harvey and members of their families without going through the usual hoops.&l;/p&g;\n&l;p&g;Retirement plans don’t have to allow hardship withdrawals or loans, but under the relief, they can let employees do so before the plan is amended to specifically allow it. It’s okay if the need for taking the money out—shelter for example—isn’t listed as a hardship under the current plan rules. Basically, any hardship arising from Hurricane Harvey is treated as an “unforeseeable emergency” for purposes of retirement plan distributions. In addition, some documentation requirements, which can be onerous, can be disregarded.&l;/p&g;\n&l;p&g;The special rules, spelled out in &l;a href=\&q;https://www.irs.gov/pub/irs-drop/a-17-11.pdf\&q; target=\&q;_blank\&q;&g;IRS Annoucement 2017-11&l;/a&g;, apply between August 23, 2017 and January 31, 2018. The retirement plan relief is in addition to the income and payroll tax relief already provided to individuals and business taxpayers affected by Harvey. See Forbes’ Kelly Phillips Erb’s &l;a href=\&q;https://www.forbes.com/sites/kellyphillipserb/2017/08/28/irs-announces-tax-relief-for-taxpayers-affected-by-hurricane-harvey/#6a454cba42fe\&q; target=\&q;_self\&q;&g;IRS Announces Tax Relief For Hurricane Harvey Victims&l;/a&g;.&l;/p&g;\n&l;div id=\&q;attachment_41514062\&q; class=\&q;wp-caption alignnone\&q;&g; \n &l;div class=\&q;article-body-image\&q;&g; \n  &l;img class=\&q;dam-image bloomberg size-large wp-image-41514062\&q; src=\&q;//specials-images.forbesimg.com/imageserve/41514062/960x0.jpg?fit=scale\&q; data-height=\&q;640\&q; data-width=\&q;960\&q; /&g; \n &l;/div&g; \n &l;div article-image-caption=\&q;\&q;&g; \n  &l;div class=\&q;caption-container\&q; ng-class=\&q;caption_state\&q;&g; \n   &l;fbs-accordion current=\&q;0\&q;&g; \n    &l;p class=\&q;wp-caption-text\&q;&g;Houses at the Highland Glen subdivision stand in floodwaters due to Hurricane Harvey in Spring, Texas, U.S., on Monday, Aug. 28, 2017. A deluge of rain and rising floodwaters left Houston immersed and helpless, crippling a global center of the oil industry and testing the economic resiliency of a state that&s;s home to almost 1 in 12 U.S. workers. Photographer: Luke Sharrett/Bloomberg&l;/p&g; \n   &l;/fbs-accordion&g; \n  &l;/div&g; \n &l;/div&g; \n&l;/div&g;\n&l;p&g; \n &l;fbs-ad position=\&q;inread\&q; progressive=\&q;\&q;&g;&l;/fbs-ad&g;&l;/p&g;\n&l;p&g;The latest IRS announcement reminds taxpayers that spousal consent (sign-off) rules still apply, and that hardship distributions, except to the extent the distribution comes from aftertax contributions, will be taxable as income and likely subject to a 10% “early withdrawal” penalty.&l;/p&g;\n&l;p&g;Taking a loan is a better option, but note that loans typically need to be repaid (with interest) within five years to your account. The law allows you to borrow up to $50,000 or half your vested balance, whichever is less.&l;/p&g;\n&l;div class=\&q;vestpocket\&q; vest-pocket=\&q;\&q;&g;&l;/div&g;\n&l;p&g;Note: amounts attributable to rollover contributions (money you rolled into your existing 401(k) from a former 401(k)) may be accessible at any time.&l;/p&g;\n&l;p&g;Typically, if you take a distribution you can’t contribute to the plan for another six months, but the special rules waive that restriction. That’s especially important if you’re taking money out to help a relative but want to keep contributing to your plan to keep your retirement goals on track.&l;/p&g;&q;,&q;&l;p&g;As of today, the disaster area includes 21 counties: Aransas, Bee, Brazoria, Calhoun, Chambers, Colorado, Fayette, Fort Bend, Galveston, Goliad, Hardin, Harris, Jackson, Jasper, Jefferson, Kleberg, Liberty, Matagorda, Montgomery, Newton, Nueces, Orange, Refugio, Sabine, San Jacinto, San Patricio, Victoria, Waller, Wharton. As the weakened but still relentless Tropical Storm Harvey makes its way into Louisiana, check this &l;a href=\&q;https://www.fema.gov/disaster/4332\&q; target=\&q;_blank\&q;&g;FEMA link&l;/a&g; for updates on affected counties eligible for tax relief.&l;/p&g;\n&l;p&g;&l;strong&g;See also:&l;/strong&g;&l;/p&g;\n&l;p&g;&l;a href=\&q;https://www.forbes.com/sites/ashleaebeling/2017/08/29/giving-stock-to-the-greater-houston-community-foundation-hurricane-harvey-relief-fund/#9d5147e53947\&q; target=\&q;_self\&q;&g;Giving Stock To The Greater Houston Community Foundation&l;/a&g;&l;/p&g;&q;],&q;channelSectionMappings&q;:[{&q;id&q;:&q;channel_2&q;,&q;channelName&q;:&q;Investing&q;,&q;url&q;:&q;/investing&q;},{&q;id&q;:&q;channel_2section_14&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;Retirement&q;,&q;url&q;:&q;/retirement&q;},{&q;id&q;:&q;channel_2section_15&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;Taxes&q;,&q;url&q;:&q;/taxes&q;},{&q;id&q;:&q;channel_2section_65&q;,&q;channelName&q;:&q;Investing&q;,&q;sectionName&q;:&q;Personal Finance&q;,&q;url&q;:&q;/finance&q;}],&q;blogId&q;:&q;964&q;,&q;disableDigest&q;:false,&q;pTagCount&q;:11,&q;hashtags&q;:[&q;RetireWell&q;],&q;hideDescription&q;:false,&q;sponsored&q;:false,&q;doNotPaginate&q;:false,&q;editorsPick&q;:true,&q;sentimentScore&q;:-0.402038,&q;numberOfImages&q;:1,&q;relativeVideo&q;:{&q;videoId&q;:&q;5730140630001&q;,&q;title&q;:&q;Phillip Picardi On Empowering Women In The Workplace&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},&q;relativeVideos&q;:[{&q;videoId&q;:&q;5730140630001&q;,&q;title&q;:&q;Phillip Picardi On Empowering Women In The Workplace&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5728443687001&q;,&q;title&q;:&q;Girls in Tech CEO Adriana Gascoigne On How To Fight Back Against Sexual Harassment&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5730021388001&q;,&q;title&q;:&q;What&s;s Next For SpaceX?&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5726522705001&q;,&q;title&q;:&q;Prophets Of Boom: Changpeng \&q;CZ\&q; Zhao&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5731098659001&q;,&q;title&q;:&q;Why Floyd Mayweather Is Taking On The World Of High End Watches&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5731506251001&q;,&q;title&q;:&q;3 Ways To Save For Retirement At Tax Time&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5727448854001&q;,&q;title&q;:&q;SAP CMO Alicia Tillman: Championing Storytelling&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5731681798001&q;,&q;title&q;:&q;Landlord-in-Chief&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5731605513001&q;,&q;title&q;:&q;Run For Something&s;s Amanda Litman On Why You Must Run For Public Office&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true},{&q;videoId&q;:&q;5729306336001&q;,&q;title&q;:&q;Jonathan Saperstein: The Tree Manufacturer&q;,&q;playerId&q;:&q;S1EBSbDn&q;,&q;keyValues&q;:&q;displaysection=personalfinance&a;fl=&a;channel=investing&a;swimlane=&a;specialslot=&a;section=investing:retirement,investing:taxes,investing:personalfinance&a;id=blogAndPostId/blog/post/964-14869&a;brand=&a;displaychannel=investing&q;,&q;autoPlay&q;:true}],&q;hasVideo&q;:false,&q;hasInfographic&q;:false,&q;bulletList&q;:[null,null,null],&q;trumpContent&q;:false,&q;wordCount&q;:510,&q;hashtagSetting&q;:{&q;hashtag&q;:&q;RetireWell&q;,&q;autoplay&q;:true,&q;specialSlot&q;:&q;none&q;,&q;sponsored&q;:false,&q;active&q;:true},&q;fully_loaded&q;:true}},&q;adsConfig&q;:{&q;mobile&q;:false,&q;ad_unit_path&q;:&q;/7175/fdc.forbes/article-d&q;,&q;amazonSlots&q;:[{&q;slotID&q;:&q;top&q;,&q;sizes&q;:[[728,90],[970,250]]},{&q;slotID&q;:&q;rec&q;,&q;sizes&q;:[[300,250],[300,600]]},{&q;slotID&q;:&q;recx&q;,&q;sizes&q;:[[300,250],[300,600]]},{&q;slotID&q;:&q;loge&q;,&q;sizes&q;:[[300,250],[300,600]]}],&q;positions&q;:{&q;top&q;:{&q;slot_id&q;:&q;top&q;,&q;sizes&q;:[[728,90],[970,250],[970,90],[970,66],[640,360],[1,1],&q;fluid&q;]},&q;rec&q;:{&q;slot_id&q;:&q;rec&q;,&q;sizes&q;:[[300,250],[336,280],[300,600],[1,1],&q;fluid&q;]},&q;mobile&q;:{&q;slot_id&q;:&q;mobile&q;,&q;sizes&q;:[[300,50],[320,50],[1,1]]},&q;mobilerec&q;:{&q;slot_id&q;:&q;mobilerec&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]]},&q;recx&q;:{&q;slot_id&q;:&q;recx&q;,&q;sizes&q;:[[300,250],[336,280],[300,600],[1,1],&q;fluid&q;],&q;incremental&q;:true},&q;loge&q;:{&q;slot_id&q;:&q;loge&q;,&q;sizes&q;:[[336,280],[300,600],[300,250],[1,1],&q;fluid&q;]},&q;mobilex&q;:{&q;slot_id&q;:&q;mobilex&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]],&q;incremental&q;:true},&q;mob-stream&q;:{&q;slot_id&q;:&q;mob-stream&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]]},&q;mob-stream2&q;:{&q;slot_id&q;:&q;mob-stream2&q;,&q;sizes&q;:[[300,250],[300,50],[320,180],[320,50],[1,1]]},&q;mobiletext&q;:{&q;slot_id&q;:&q;mobiletext&q;,&q;sizes&q;:[[300,250],[336,280],[1,1],&q;fluid&q;]},&q;ntv-article&q;:{&q;slot_id&q;:&q;ntv-article&q;,&q;div_id&q;:&q;brandvoice_inline&q;,&q;sizes&q;:[[2,3],[1,1],&q;fluid&q;],&q;params&q;:{&q;strnativekey&q;:&q;3e7e0323&q;}},&q;ntv-belt&q;:{&q;slot_id&q;:&q;ntv-belt&q;,&q;params&q;:{&q;strnativekey&q;:&q;12653cf9&q;},&q;sizes&q;:[[2,3],[1,1]]},&q;ntv-rail&q;:{&q;sizes&q;:[[2,3],[1,1],&q;fluid&q;],&q;breaks&q;:{&q;xxlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;xlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;large&q;:[[2,3],[1,1],&q;fluid&q;],&q;medium&q;:[[2,3],[1,1],&q;fluid&q;],&q;small&q;:[[2,3],[1,1],&q;fluid&q;]},&q;slot_id&q;:&q;ntv-rail&q;,&q;params&q;:{&q;strnativekey&q;:&q;4kSaBGZvyd5bZ4yDRLQWW9u8&q;}},&q;ntv-rail-2&q;:{&q;sizes&q;:[[2,3],[1,1],&q;fluid&q;],&q;breaks&q;:{&q;xxlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;xlarge&q;:[[2,3],[1,1],&q;fluid&q;],&q;large&q;:[[2,3],[1,1],&q;fluid&q;],&q;medium&q;:[[2,3],[1,1],&q;fluid&q;],&q;small&q;:[[2,3],[1,1],&q;fluid&q;]},&q;slot_id&q;:&q;ntv-rail-2&q;,&q;params&q;:{&q;strnativekey&q;:&q;t5toAgo73taamHDf2P739tD4&q;}},&q;spon-logo&q;:{&q;slot_id&q;:&q;spon-logo&q;,&q;sizes&q;:[[120,40],[300,170],[300,100],[1,1],&q;fluid&q;]},&q;mob-logo&q;:{&q;slot_id&q;:&q;mob-logo&q;,&q;sizes&q;:[[300,50],[300,75],[1,1],&q;fluid&q;]},&q;inread&q;:{&q;slot_id&q;:&q;inread&q;,&q;progressive&q;:true,&q;sizes&q;:[[600,575],[528,297],[1,1],&q;fluid&q;]},&q;topx&q;:{&q;slot_id&q;:&q;topx&q;,&q;sizes&q;:[[728,90],[970,250],[970,90],[970,66],[640,360],[1,1],&q;fluid&q;]},&q;artbottom&q;:{&q;slot_id&q;:&q;artbottom&q;,&q;sizes&q;:[[1,1],&q;fluid&q;]}},&q;params&q;:{&q;author&q;:&q;ashleaebeling&q;,&q;bbgterm&q;:false,&q;channel&q;:[&q;investing&q;],&q;displaychannel&q;:&q;investing&q;,&q;displaysection&q;:&q;personalfinance&q;,&q;fl&q;:null,&q;fvid&q;:&q;&q;,&q;ht&q;:&q;RetireWell&q;,&q;id&q;:&q;blogAndPostId/blog/post/964-14869&q;,&q;img&q;:null,&q;login&q;:false,&q;section&q;:[&q;investing:retirement&q;,&q;investing:taxes&q;,&q;investing:personalfinance&q;],&q;specialslot&q;:&q;&q;,&q;templatetype&q;:&q;standard&q;,&q;type&q;:&q;forbesstaff&q;}},&q;hasLoginCookies&q;:false,&q;REQUEST_HEADERS&q;:{&q;user-agent&q;:&q;python-requests/2.10.0&q;}}</script></body></html>