Florida Elder Law & Estate Planning Blog

Non-Spouses Who Inherit IRAs Could Be Required To Take RMD’s
April 17, 2021

From the law is a moving target department: The SECURE Act (Setting Every Community Up For Retirement Enhancement) became law on January 1, 2020 and made several changes to the rules for retirement accounts. One provision is that non-spouse beneficiaries…

RMD’s Return This Year, More RMD Changes On Horizon
January 13, 2021

Many of the rules governing retirement accounts have changed over the last few years. Now, more changes have arrived or are on the way. Required Minimum Distributions Return In 2021 The Coronavirus Aid, Relief and Economic Security Act, passed in…

You now have until August 31 to reverse RMDs taken for 2020
June 24, 2020

The CARES Act of 2020 allows taxpayers to skip required minimum withdrawals from IRAs, 401k and 403b plans this year. The law was enacted on March 27, 2020. What about people who took their withdrawal prior to its passage, say,…

CARES Act changes retirement account rules
March 27, 2020

The CARES Act (Corona Aid, Relief and Economic Security Act) signed into law on March 27 provides $2 trillion in relief for Americans impacted by the COVID19 pandemic. Among its many provisions, the law relaxes several rules for retirement accounts…