IRA Laws and Taxes: How Recent Changes Affect You
BY: Jeff Supple
In this presentation, Lake Ridge Bank trust officer Jeff Supple explains recent IRA rule changes and their tax and planning consequences, touching on the following:
The SECURE Act and what it means for legacy planning with your IRAs and the increase in the Required Minimum Distribution Age.
The CARES Act – specifically, whether there is anything that you can take advantage of before year-end.
The waiver of the Required Minimum Distribution for 2020.
A review of Qualified Charitable Distributions from your IRA.
Post-election planning/investment strategies and anticipated tax-law changes.