REtirement
Planning 

Impact of the CARES Act on Retirement Plan Accounts

The Coronavirus Aid, Relief and Economic Security Act (CARES Act) provides direct economic assistance for American workers, families, and small businesses, and preserve jobs for our American industries. For more information of how this act may impact your retirement plan accounts, visit our FAQs.

CARES ACT FAQS FOR RETIREMENT PLANS

Traditional/Roth IRA

Benefit from tax deferral on interest, dividends and capital gains while preparing for your retirement.

Rollover/Inherited IRA

Consolidate retirement assets into a single, more efficient account with tax advantages following a change in employers or inheritance.

401K Plan Administration

By offering diverse investment choices and ongoing retirement education, not only will you attract and retain qualified employees – you’ll also grow your business.

Financial Planning

Navigate today’s vast financial landscape with advice from a financial expert to prepare for whatever comes your way tomorrow.

ESOP Plan Administration

Plan for the successful transition of your business to key employees while providing traditional retirement benefits designed to meet your retirement goals and theirs.

IRA Regulatory Change
As of January 1, 2015, only one nontaxable rollover from an IRA to another (or the same) IRA in any 12-month period will be allowed, regardless of the number of IRAs you own. This one-per-year rollover limitation will apply to all your IRAs, including SEP and SIMPLE IRAs as well as traditional and Roth IRAs.

Resources

Retirement Calculators

Will you have enough saved for retirement? Use our retirement savings and planning calculators as a starting point and adjust your inputs to see the effects on your retirement calculation.

Contact Us

For more comprehensive information or additional questions, contact an advisor today at (402) 221-0183.

Disclaimer

Investment and Insurance Products:

• Not FDIC Insured
• Not a Bank Deposit
• Not Bank Guaranteed
• May Lose Value
• Not insured by any Federal Government Agency