If you’ve been staying on top of stimulus bill talk over the past 10 months or so, then maybe you’ve heard the phrase Coronavirus Related Distribution (CRD) and are aware that they are penalty free distributions from your retirement accounts. I think I’ve mentioned them a few times in past blogposts as well. If you have been considering taking advantage of a CRD due to hard times, then you should do so as soon as possible. The deadline to take a CRD is December 30, 2020, which is a little less than two weeks away at this time. Now, I am not encouraging you to take a CRD as I am against taking money out of a retirement account early unless it is the absolute last resort. However, if you find yourself in certain situations that meet CRD requirements–such as being diagnosed with Coronavirus or having lost a job because of it–then you may want to consider a CRD to tide you over for just a short time. And remember, there’s only a couple weeks to do so, so you need to make that decision soon! If you do consider taking a CRD, I encourage you to read up about them or speak with a certified financial planner or wealth manager about it to make sure it’s really the best decision for you.