/Tag: retirement

Retirement Changes Due to the CARES Act

By |2020-04-10T23:22:51+00:00April 3rd, 2020|Categories: Blog, COVID 19, News|Tags: , , , , , |

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act)  1. Does the CARES Act contain special rules that affect qualified retirement plans? Yes, the CARES Act contained provisions that allows certain individuals to take a new type of “coronavirus-related distribution”, increases the limitation for plan loans from the plan for certain individuals and [...]

Major Changes to IRA Rules

By |2020-02-24T02:03:23+00:00January 9th, 2020|Categories: Blog, News|Tags: , , , |

The SECURE Act (Setting Every Community Up for Retirement Enhancement) was signed into law on December 20, 2019.  The Act contains major retirement related provisions aimed at expanding retirement savings.  The provisions apply to both employers and to individuals, and will have wide-ranging impact on both retirement planning and estate planning. This article will focus [...]

Employee stock ownership plans can be critical estate planning tools

By |2020-04-07T22:39:13+00:00January 31st, 2019|Categories: Blog|Tags: , , , , , , |

Employee stock ownership plans (ESOPs) offer closely held business owners an exit strategy and a tax-efficient technique for sharing equity with employees. But did you know that an ESOP can be a powerful estate planning tool? It can help you address several planning challenges, including lack of liquidity and the need to provide for [...]

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