CARES Act Provisions
Although the CARES Act (ACT) covers many areas, I would like to share very important provisions where you may need to take immediate action.
Although the CARES Act (ACT) covers many areas, I would like to share very important provisions where you may need to take immediate action.
If you participate in a qualified retirement plan, such as a 401(k), you must generally begin taking required withdrawals from the plan no later than April 1 of the year after which you turn age 70½. However, there’s an exception that applies to certain plan participants who are still working for the entire year in which they turn 70½.
December 18, 2018
With the dawn of 2019 on the near horizon, here’s a quick list of tax and financial to-dos you should address before 2018 ends: (more…)