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One PEP for all clients: Retirement Income Summit day four
The Secure Act provides numerous opportunities for advisers, and annuities are part of that, panelists said
Retirement account balances bounce back in Q2
The rise reflects the stock market's rebound and investors' continued contributions to their accounts, according to a Fidelity report
Maine legislators on brink of voting for state IRAs
A state Senate committee recommends passing the pending bill
RMD relief is here — but only until Aug. 31
Act now to return unneeded required minimum distributions taken prior to the CARES Act
‘Lost and found’ 401(k) bill is good for the advice industry
While not exactly novel, the legislation is a sound first step toward getting Main Street investors the tools they need
IRS widens eligibility to undo RMDs
Those who took required minimum distributions in January are allowed to undo them, and the timeframe for doing so extends through Aug. 31
IRS provides expanded tax breaks for coronavirus-related distributions
The guidance allows more people to withdraw funds penalty-free from their retirement savings
Roth conversions pick up amid expectations that taxes will rise
The stock market declines helped by shrinking the value of accounts, as well as the tax bill for converting assets
SECURE Act creates wrinkle for annuities in inherited IRAs
The end of the stretch provision requires that accounts be distributed within 10 years after the owner’s death
The ABCs of coronavirus-related distributions
Who qualifies to pull money penalty-free from IRAs and company retirement plans under the relief provided by the CARES Act
Catch-up contributions being weighed in Congress
A recent bill proposes tripling 401(k) and IRA limits this year
Undoing unwanted RMDs
Ed Slott discusses whether clients who already took required minimum distributions this year can put that money back in light of the CARES Act
Dispelling CARES Act confusion
Ed Slott clears up questions about how the CARES Act will affect required minimum distributions
Stimulus package has helpful provisions for retirees
One-time rebate checks, relaxed rules on required minimum distributions and changes in tax filing deadlines are all pluses
Coronavirus stimulus package passes House, gets mixed adviser reviews
The $2.2 trillion bill will boost unemployment benefits and small-business loans, but some advisers said that might not be enough
Senate coronavirus stimulus bill waives RMDs this year
The final measure also makes it easier to withdraw funds from retirement accounts in an emergency
Recession would slow state auto-IRAs, MEPs
Programs will remain viable but will take longer to build assets as gig workers and small businesses struggle to stay afloat, leaders said
Senate coronavirus package would allow hardship early access to retirement accounts
Financial industry also pushes for temporary waiver on required minimum distributions
Delay in 2019 tax filing date means deadline for 2019 IRA contributions also extended
Advisers need to watch for administrative errors on the part of financial institutions, though
Roth conversions ‘on sale’ and other retirement advice amid the market crash
People near retirement are the most at risk from the sell-off, and advisers have several recommendations for them
