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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone know anything about annuities?
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<blockquote data-quote="Ohio Snake" data-source="post: 16474222" data-attributes="member: 157862"><p>A few things to keep in mind on distributions from qualified accounts (death benefit, hardship, 401K loans, etc.) </p><p></p><p>Recent tax law changes affecting distributions on qualified accounts for death and required minimum distributions (RMD) have changed.....new tax regulations under Trump.</p><p></p><p>The CARES ACT, currently active, is partly designed to give some tax relief to those affected by COVID 19 and needing distributions from certain accounts. The ACT has been fluid and subject to amending by years end. This is not a tax regulation, but an ACT which is set to expire 12/31/2020.</p><p></p><p>Everyone’s situation is different.</p><p></p><p></p><p>Sent from my iPad using Tapatalk</p></blockquote><p></p>
[QUOTE="Ohio Snake, post: 16474222, member: 157862"] A few things to keep in mind on distributions from qualified accounts (death benefit, hardship, 401K loans, etc.) Recent tax law changes affecting distributions on qualified accounts for death and required minimum distributions (RMD) have changed.....new tax regulations under Trump. The CARES ACT, currently active, is partly designed to give some tax relief to those affected by COVID 19 and needing distributions from certain accounts. The ACT has been fluid and subject to amending by years end. This is not a tax regulation, but an ACT which is set to expire 12/31/2020. Everyone’s situation is different. Sent from my iPad using Tapatalk [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Anyone know anything about annuities?
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