BIONDO Perspectives

IRS Throws in the Towel with 2020 RMDs

By Casey Pisano

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, most of us were provided with what was referred to as “RMD relief,” meaning that we would not have to take required minimum distributions (RMDs) from our retirement accounts in 2020 if we did not want to for a number of reasons. While […]

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Proactive Steps in an Uncertain Environment

By The Biondo Team

In our continued effort to assist our clients with all things pertaining to their financial well-being, the following are some proactive steps that should be explored in these uncertain times. Apply for a loan under the Paycheck Protection Program. If you own a small business, you should begin the process of applying for the SBA […]

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The SECURE Act is Now Law.

By Casey H. Pisano, CFP®, AIF®

In our last newsletter we discussed proposed retirement reform that had bi-partisan support. Although we, along with the rest of the planning community, anticipated some significant change to IRAs and RMDs for non-spouse beneficiaries, we didn’t have an actual law to work with. As of December 20, 2019, we do have a law to work […]

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Education Funding Plans

By The Biondo Team

However, as with other types of financial planning, bear in mind that your child’s college funding plan requires a disciplined approach that emphasizes consistency with your overall goals and objectives. Here is where planning comes in: Work with a financial advisor to establish a goal and determine how much you need to (and can) save […]

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