Add in the complexities of this year’s presidential race, and we have a recipe for uncertainty and fear.
Pandemic-induced market volatility and warnings from Wall Street that tax rates are bound to rise have more Americans preparing to move money from traditional individual retirement accounts into Roth IRAs.
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.
The passage extends the IRA contribution deadline and waives RMDs for 2020. Here’s what else financial advisors need to know.