posts by Anne Zavaglia - 2/6 - Beacon Hill Investment Advisory, LLC

Paid Leave and Tax Credits for Businesses

The Families First Coronavirus Response Act was signed into law by President Trump on March 18, 2020. The Act provides relief to employees, as well as small and midsize businesses, that have been affected by the Coronavirus. Employers can take advantage of two refundable payroll tax credits to reimburse them, dollar for dollar, the cost …

Read more

CARES Act – Impact on IRAs and Retirement Plans

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).  This stimulus package is designed to provide support for emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic. 1 The CARES Act will have a direct impact on …

Read more

SECURE Act Can Have Big Impact on your Estate Plan & Trusts

Authored by Logan Philipps, Esq. and Anne Zavaglia, CFP® When President Trump signed the SECURE Act at the end of 2019, it could easily have escaped your notice during the holiday season. While time will tell if this law aimed to encourage greater retirement savings achieves its aims, there’s no question it has a direct …

Read more

The SECURE Act Signed into Law

President Trump signed the Setting Every Community Up for Retirement Enhancement Act, better known as the SECURE Act, into law December 20.  Included in the federal government’s recent spending bill, the Secure Act is designed to help Americans increase and preserve their retirement savings. The provisions in the SECURE Act bring a number of changes, …

Read more

Charitable Giving for Retirees

Retirees age 70.5 and older must take required minimum distributions (RMDs) annually from their Traditional IRA accounts. The RMDs are counted as taxable income in the year distribution is taken. Combined with Social Security benefits and other income sources, RMDs often push many people into higher tax brackets.  Retirees that find themselves in these brackets …

Read more
Page 2 of 6«12345»...Last »