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Integrated Wealth Management
Posts tagged CARES Act
Planning Newsletter - Apr 2020
  • Under CARES Act, Required Minimum Distributions (RMDs) are not required in 2020.

  • Also, qualifying individuals can withdraw up to $100,000 from a retirement plan without the applicable 10% penalty.

  • Vanguard is forecasting a sharp contraction in Gross Domestic Product (GDP) in the coming quarter of nearly 17% on an annualized basis followed by a sharp upswing.

  • There is no proven way to successfully time the market. Missing only a few days of strong returns can drastically impact overall performance.

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