2020 RMDs are Suspended | IRA Custodians | Mainstar Trust

1/21/2021

The Coronavirus Aid, Relief and Economic Security Act (CARES Act) waives the IRA accountholder responsibility for taking a Required Minimum Distribution (RMD) for 2020.

Congress passed legislation to suspend the required distributions due to the decline in asset values and IRA balances.

Traditional vs. Roth IRA – How to Choose?

Whether to use a traditional or a Roth IRA is a decision anyone saving for retirement with an IRA must make. Both types of IRAs allow you to accumulate significant funds for retirement, but each provides different tax advantages.

Solo Employers Can 401(k) Too!

As a sole proprietor with no employees you have two options to set up an employer-sponsored retirement savings plan.

Visit with Mainstar Trust at Captivate East 2018 in Miami, October 16-18, 2018

Mainstar is very excited to attend the 2018 Captivate East Conference put on by GeraciCon. Visit our booth to learn about the Self-Directed IRA account options that are best suited for you.

2020 RMDs are Suspended | IRA Custodians | Mainstar Trust

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