Banknotes Blog
How We Became Lake Ridge Bank
We knew right from the start that one of the most important decisions we would need to make was what to name our new bank.
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.