July Newsletter: Coronavirus Relief Bill Waives RMDs, NEW Office & New Team Member!

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PROTECTION . PRESERVATION . PEACE OF MIND . Phone: (260) 449-9621           Fax: (260) 818-2137         kolerlawoffice.com This year, retirement account owners do not have to take mandatory withdrawals (Required Minimum Distributions, "RMDs") this year as a result of the Coronavirus Aid, Relief, and Economic Security Act (CARES) — which was legislated to help preserve retirement assets and stimulate the economy. The RMD waiver is applicable to individuals taking RMDs from their own retirement accounts and for those who have inherited retirement accounts. Accounts covered are Traditional, SIMPLE and SEP IRAs. Learn more about the benefits, coverage, redeposit, and rollover from the first link below: Coronavirus Relief Bill Waives Minimum Required Distributions in 2020 Good news for retirement account owners! Announcing New Office Location on Cook Road Just down the road from our old office, we are moving in on August 15th! New Hire: Rita Haneline, Paralegal A graduate of Ivy Tech FW for Associates in applied Science/Accounting, for many years, Rita worked in Human Resources as a benefit coordinator for retirement plans. She also spent 8 years working for American Senior Communities as a Business office manager and Director of Marketing/Admissions. Click Here to Schedule a Free Consultation View this email in your browser Licensed in Indiana & Ohio

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