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How Has The CARES Act Impacted RMDs For Retirees?

Did you know that when Congress passed the Coroavirus Aid, Relief, and Economic Security Act (CARES Act), the $2.2 trillion stimulus package beacame one of the largest bills ever passed through the legislative branch.


And in it, there are certain provisions that impact retirement and tax planning rules for 2020. Specifically, there's an increased focus on the waiver of retirement minimum distributions (RMDs).


Want to learn how the recently passed CARES Act has impacted Coastal Carolina and Myrtle Beach retirees? Click HERE to read an article we put together on the topic.



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BERRY FINANCIAL GROUP
MYRTLE BEACH, SC

4226 Mayfair Street 

Myrtle Beach, SC 29577

 

PHONE: 1.888.774.6181

FAX: 1.843.774.6191

NC DEPARTMENT OF INSURANCE
NCDOI Divisions, Services for Consumers, Company License Status: Berry Financial Group

Agent License Status: Richard Berry

SC DEPARTMENT OF INSURANCE
Agency Code: 142256
Individual: 154176

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Investment advisory and financial planning services are offered through Alphastar Capital Management LLC (“Alphastar”), a SEC registered investment adviser. Berry Financial Group and Alphastar Capital Management, LLC are separate and independent entities. The firm only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Berry Financial Group offers insurance products through individuals licensed to sell insurance. Comments regarding guaranteed returns or income streams refer only to fixed insurance products offered by Berry Financial Group and, unless specifically stated, do not refer in any way to securities or investment advisory products offered by Alphastar. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company and are not offered or guaranteed by Alphastar.

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