The Best Time for Low Basis Transfers?
Now might be the best time to make some low basis transfers while the market is still on the rise. #TuesdayTip
The Effect of the SECURE Act on Your IRA
Have you checked to see what effect the SECURE Act has on the inheritance of your IRA? #TuesdayTip
Required Minimum Distributions
Did you know the CARES Act eliminated required minimum distributions in 2020 for an individual retirement plan? #TuesdayTip
CARES Act Charitable Deduction
Did you know the new CARES Act just signed into law may allow you a charitable deduction of 100% of your AGI if you are at least 59 1/2 and you make it from your IRA in 2020. Talk to your tax advisor. #TuesdayTip
Someone Trying To Get You To Review Your Estate Planning Documents?
Secure Act, Cares Act and Coronavirus, do you think someone is trying to get you to review, perhaps update, your Estate Planning documents? #TuesdayTip
SECURE Act
Do you know what the SECURE Act is? The President signed it in late December. #TuesdayTip
Distribution of IRA
Did you know that requirements for distribution of IRAs now starts at age 72? #TuesdayTip