The 2020 RMD Income Tax Relief Deadline Is Almost Here
Important facts and a date to remember. Provided by Marc Aarons Are you one of the many retirement account holders who took a mandatory distribution this year? If so, you may be able to manage the taxes associated with Required Minimum Distributions (RMDs) from traditional IRAs and 401(k)s. There are some essential details to keep […]
Quarterly Economic Update
In this Q2 recap: the economy measures the impact of the coronavirus threat; the stock market rises with help from a dovish Federal Reserve and a rebound in some economic indicators; oil prices and mortgage rates touch historic lows. A review of Q2 2020, Presented by Marc Aarons THE QUARTER IN BRIEF As a new […]
Retirement Plan Options for Small Businesses
The SECURE Act and CARES Act may complicate the decision. Provided by Marc Aarons As a small-business owner, figuring out retirement choices can be a little intimidating. How do you pick the most appropriate retirement plan for your business as well as your employees? There are three main types of retirement plans for small businesses: […]
Key Provisions of the CARES Act
Distributions can be waived in 2020 for Inherited Accounts, 401(k)s, and IRAs. Provided by Marc Aarons Recently, the $2 trillion “Coronavirus Aid, Relief, and Economic Security” (“CARES”) Act was signed into law. The CARES Act is designed to help those most impacted by the COVID-19 pandemic, while also providing key provisions that may benefit retirees.1 […]