The CARES Act
Provisions Explained…
The IRS recently provided clarity surrounding the CARES Act (passed in March 2020) and actions put in place for IRA and retirement plan account holders.
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Did you take Required Minimum Distributions (RMDs) in 2020? |
If yes, you have until August 31, 2020, to roll the money back into a qualified account. This also applies to beneficiaries of inherited retirement accounts.
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Are you, or someone you know, feeling financially stressed? |
New law allows taxpayers, eligible for coronavirus-related relief, to take withdrawals from qualified IRAs and retirement plans.
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Are you eligible for these coronavirus-related provisions? |
Do these provisions concern you?
Click the button below to schedule a call or simply reply to this email with any questions you may have.
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BROUGHT TO YOU BY:
Thomas G. Duffy, CPA/PFS
Partner/ Woodland Hills
DK Wealth Management LLC
21600 Oxnard Street, Suite 2000 Woodland Hills, CA 91367
Tel 818-385-0585
tom@dkllpcpa.com
Daisy Hom, CPA
Partner/San Diego
DK Wealth Management LLC
4225 Executive Square, Suite 900
La Jolla, CA 92037-1485
Tel 858-642-5050
daisy@dkllpcpa.com
Kristopher Lindley, CFP®
Financial Consultant
DK Wealth Management LLC
12555 High Bluff Drive, Suite 210
San Diego, CA 92130
Tel 619-550-4619
Kristopher.Lindley@LPL.com
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