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How The CARES Act Will Impact Your Retirement Accounts

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has gotten a lot of attention because it promises stimulus checks and expanded unemployment for millions of Americans, but there’s a lot more to the 880-page law than that. It contains several provisions that affect retirement savings, including some that give you immediate, penalty-free access to […]

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What Changes are Coming in 2020 for Social Security?

A new year often brings slight changes to some of America’s most popular programs, and Social Security is no exception. The amount each beneficiary should expect to receive in 2020 will be slightly higher (like many years), after inflation adjustments. And taxes may affect different swaths of the population. The program is an important piece […]

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How The SECURE Act May Impact Your Retirement Savings Account

If you have money in either a IRA or 401K, you probably already know that eventually you’ll have to take that money out and pay taxes on it, if those accounts are Traditional retirement savings account. But the rules for taking required minimum distributions (RMDs) have always been confusing, especially because they require you to […]

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