Individuals age 70.5 and non-spouse beneficiaries of Inherited IRA's will have the option to waiver their required minimum distribution (RMD) in 2020. This comes as a result of the CARES Act that was passed in March 2020. We will address who is eligible for the RMD waiver and for individuals that have already taken their RMD for 2020, if they can return it to the IRA and avoid the tax hit. Contact Michael Ruger with Questions: 518-477-6686 or mruger@greenbushfinancial.com Visit our website: Subscribe to our channel for more financial planning tips: #rmd #ira #financialplanning #greenbushfinancial... ( read more )
LEARN MORE ABOUT: IRA Accounts
TRANSFER IRA TO GOLD: Gold IRA Account
TRANSFER IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
https://inflationprotection.org/coronavirus-rmd-relief-ability-to-waive-mandatory-ira-distributions-in-2020/?feed_id=37584&_unique_id=636b412c1e606
#Inflation #Retirement #GoldIRA
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)