The CARES Act contains a range of relief, notably the “economic impact payments” that will be made to people under a certain income threshold. But the law also makes some changes to retirement plan rules. The additional 10% tax on early distributions from IRAs and 401(k) plans is waived for distributions made between Jan. 1 and Dec. 31, 2020 by a person who (or whose family) is infected with COVID-19 or is economically hurt by it. Penalty-free distributions are limited to $100,000, and may, subject to guidelines, be re-contributed to the plan or IRA. Income from the distributions may be spread out over 3 years. Other rules may apply.