The Internal Revenue Service provided guidance on expanded eligibility and more.
The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have their retirement plan elections notarized.
Under the new act, some can take out as much as $100,000 from retirement plans early without penalty.
From Roth conversions to QHFDs: The coronavirus pandemic is forcing difficult questions, and clients rightfully are looking for answers that advisors are uniquely suited to provide.
“Find ways to generate income,” says one financial planner.