RMD

Clarifying the CARES Act: IRS Issues Additional Guidance
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Almost three months after the passing of the CARES Act in March, the Internal Revenue Service issues some much sought-after, additional guidance on various CARES Act provisions that had been left up to interpretation. A primary intention of the CARES Act was to provide relief for individuals impacted by the COVID-19 pandemic. You can view  Read More →
The CARES Act: Summary of Key Provisions for Individuals
Team SummitBudgeting & Debt, Employee Financial Resource Center, Employee Outcomes, Employer Resource Center, Financial Planning, Retirement PlanningComments are off for this post
On March 27th, Congress passed and the President signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, marking the largest economic stimulus package the U.S. has seen to date. In addition to the $2 trillion allocated toward immediate healthcare needs and emergency lending to businesses, states, and municipalities, various provisions were passed  Read More →
The SECURE Act: How it Impacts You and Your Family
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
In late December 2019, Congress passed and President Trump signed into law one of the most robust retirement reform bills in over a decade, the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The primary goal of this legislation was to make saving for retirement easier for working Americans. Although much of the legislation  Read More →

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