Originally Posted by
SteelerNation
Does anyone know if I can divert dividend income from repurchasing stock to usable income for my family within the Prap account? Trying to come up with possible income streams during this time of uncertainty. Thank you
The CARES IIRC lets you take out $100k early without penalty (but as taxable income spread over 3 years) and also take out a loan of the same amount (again IIRC) - but not sure about repayment of the loan if furloughed
but pretty certain you can't cash out dividend money