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Time Running Out for 2009 RMD Relief

Time Running Out for 2009 RMD Relief

by Kristine McKinley | Nov 26, 2009 | Retirement, Taxes

People who received unwanted RMDs in 2009 have just a few days left to roll those RMDs back into their IRAs, thus eliminating the tax bill from the original distribution. RMDs Suspended The Worker, Retiree, and Employer Recovery Act of 2008 (WRERA) suspended required...
Seniors Get a Tax Break in 2009 – Congress Suspends RMD

Seniors Get a Tax Break in 2009 – Congress Suspends RMD

by Kristine McKinley | Dec 12, 2008 | Featured Post, Taxes

I know many people were hoping this would pass for 2008 rather than 2009, but I guess late is better than not at all. Congress approved legislation this week that will provide some relief to Americans over 70 1/2 who have suffered significant losses in their IRA...

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Beacon Financial Advisors
Kristine McKinley
Certified Financial Planner
Kansas City, Missouri