Browsing Tag
Required Minimum Distributions (RMD)
56 posts
IRS Reminds Seniors: No RMD in 2020
The Internal Revenue Service is reminding seniors and retirees that they are not required to take money out of…
IRS Announces CARES Act RMD Relief
If a retiree took a required minimum distribution but is having second thoughts in the wake of COVID,…
Survey: Half of Americans Have or Will Tap into Retirement During Pandemic
A new survey found that three in 10 Americans have already dipped into their 401(k)s or other retirement…
Dem-Proposed ‘Heroes Act’ Includes Further RMD, Pension Relief
A number of retirement provisions are included in the sprawling 1,815-page HEROES Act, released by House Democrats on…
‘CARES 2’ Could Include More RMD Relief
Could further relief from retirement account required minimum distributions (RMDs) be a part of the next coronavirus economic…
New CARES Act RMD and Rollover Rules: Chart
For defined contribution plans (e.g., 401(k) plans, 403(b) plans, and 457(b) governmental plans) and IRAs, the CARES Act…
Good Reasons Not to Raid that 401k
O.K., we get it. A lot of people are strapped for cash right now and really need relief.…
New Tax Planning Tool Helps Advisors Enhance Retirement Plans to Fit Client Goals
Allowing advisors to have deeper conversations with clients regarding different retirement plan tax strategies is the idea behind…
SECURE Act Subject of New CFP Exam Prep Resource
Changes as a result of the SECURE Act are being incorporated into the July CFP certification exam (which…
Cares Act RMD, Early Withdrawal Waivers: A Closer Look
Required minimum distributions for 401ks and IRAs will be waived in 2020, and 401k participants would be allowed…