8 Must-Know Rules for COVID-19 RMD Waivers Under the CARES Act
April 28, 2020
“The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which became public law on March 27, 2020, is in response to the coronavirus disease 2019 (COVID-19) outbreak and its impact on the economy, public health, state and local governments, individuals and businesses. The response, intended to provide aid, relief and economic security, includes a waiver of required minimum distributions (RMD) for 2020 as part of the solution.”
The excerpt above is from
this article by Denise Appleby, APA, CISP, CRC, CRPS, CRSP, which provides a comprehensive recap on RMDs and 8 must-know rules for RMD waivers under the CARES Act.
Related Article
Long-Term Care Planning helps affluent families prepare for extended care and reduce financial disruption when health changes, so plans stay aligned.
MarketWatch features CapWealth’s Hillary Stalker on HSAs & retirement healthcare costs, urging savers to maximize HSA funding & build flexible taxable savings.
CapWealth CIO Tim Pagliara joins Bloomberg Daybreak Asia to discuss how AI is pressuring software pricing, margins, and innovation.
Avoid retirement planning mistakes that can erode after-tax wealth. Learn how affluent families can align spending, taxes, giving, and estate plans.
Charitable giving can reduce taxes, engage your family, and build a lasting legacy when aligned with your financial and estate planning strategy.
On Fox Business, Tim Pagliara, CIO at CapWealth, discussed how a rise in AI spending is shifting investor focus toward free cash flow and capital discipline.
I Earn $130,000 but Am Terrified of Layoffs. Should I Stop Funding My 401(k) to Pay off My Mortgage?
CapWealth’s Hillary Stalker tells Money why prioritizing saving for retirement can outweigh paying off a mortgage and improve long-term peace of mind.
Life moves fast. A Financial Plan Review ensures your strategy evolves with major life changes like marriage, career shifts, or retirement prep.
Tim Pagliara joins BNN Bloomberg to discuss how recent political pressure on the Federal Reserve and other factors are impacting U.S. equities and economic growth.
