The CARES Act
The CARES Act is an acronym for Coronavirus Aid, Relieve, and Economic Security Act. Below are some thoughts specific to our industry that might be helpful to you: 2019 IRA Contributions: The 2019 IRA contribution deadline has been extended with the tax-filing deadline until July 15th. Make sure that you communicate with us if your […]
Qualified Charitable Distributions
Qualified Charitable Distributions In the past, we have helped several of our clients make distributions from their Traditional IRA accounts to charities. The past several years, Congress waited and would then temporarily (and sometimes retroactively) pass laws that allowed these Qualified Charitable Distributions, which satisfies an account owner’s Required Minimum Distribution (RMD) in a given […]