by SDP Team | Jun 18, 2021 | long-term care insurance
Types of Facilities The range of housing options and varying levels of care offered within senior communities help ensure that every senior will find a perfect match—for their housing needs and for their lifestyle. Independent Living Apartments Independent living...
by SDP Team | Feb 8, 2021 | RMD - Required Minimum Distribution
IMPORTANT: The Coronavirus Aid, Relief, and Economic Security Act (CARES) Act of 2020 contains provisions providing a temporary waiver of RMDs for IRAs, 401(k)s and other employee-sponsored retirements plans for 2020. SECURE Act Raises Age for RMDs from 70½ to 72: The...
by SDP Team | Feb 8, 2021 | RMD - Required Minimum Distribution
The year 2020 is one of the most eventful in recent times, and changes to the rules that govern retirement accounts are no exception. One of these changes is the waiver of required minimum distributions (RMDs) for 2020. As a result of this waiver, you are not required...
by SDP Team | Feb 8, 2021 | RMD - Required Minimum Distribution
content from the Internal Revenue Service website IR-2020-127, June 23, 2020 WASHINGTON — The Internal Revenue Service today announced that anyone who already took a required minimum distribution (RMD) in 2020 from certain retirement accounts now has the opportunity...
by SDP Team | Feb 8, 2021 | RMD - Required Minimum Distribution
Content Provided By Internal Revenue Service Website The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) became law on December 20, 2019. The Secure Act made major changes to the RMD rules. If you reached the age of 70½ in 2019 the prior...