Tax & Accounting
October 22, 2020
Episode 12: Update and Current Status of IRAs: What Has Changed and What you Need to Know
In this episode, Wolters Kluwer Banking Segment Leader Samir Agarwal interviews Mike Schiller, a Wolters Kluwer consultant specializing in tax-advantaged accounts, about how current rules, including the SECURE Act and the CARES Act, impact IRAs. As the U.S. population ages and baby boomers reach retirement age, small banks will see an increase in IRA portfolio balances and should be prepared to serve as IRA trustees.