RMDs

The IRS is reminding taxpayers about the CARES Act’s waiver of required minimum distributions for 2020.

The IRS offers guidance in Notice 2020-51 on the rollover period, which has been extended to Aug. 31.

The act makes extensive changes to the rules affecting tax-qualified, employer-sponsored retirement plans.

The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know.

The Internal Revenue Service is giving financial institutions a break when it comes to notifying owners of individual retirement accounts about taking their required minimum distributions after a new law increased the age for taking RMDs from 70½ to 72.

An IRS revenue ruling explains what happens when a distribution check from a qualified plan isn’t cashed.

The day-off debate; SECURE’s flaw; IRS appeals mean a long wait; and other highlights from our favorite tax bloggers.

Not only would stretch IRAs be dead if the legislation were to pass in the Senate, but your clients’ profit-sharing plans could be next.

Sometimes the strategy can eliminate a domino effect of other expensive tax problems down the road, Ed Slott writes.

The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid victims.

How IRA conversions can come at a steep price for clients. Plus, ways to dodge a surprise bill from the IRS.

There are ways around having to pay as much as a 50 percent penalty. Plus, inheriting Roth IRAs and more efficient retirement portfolios.

Here's how clients can boost their returns before the president-elect enacts the reforms he's promised, and other items in our weekly roundup of tax-related investment strategies and news your clients may be thinking about.

Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.