2020 RMD Recontribution Deadline!
While you are not required to take a minimum distribution in 2020 due to the pandemic, some may have already done so. In case you weren’t aware, there is an option to put the money back into that same IRA or a new IRA and save tax dollars, if you have not done so already. Please contact your financial representative to discuss any paperwork needed. Act quickly as the deadline to do so is August 31, 2020!
https://www.irs.gov/newsroom/irs-deadline-to-return-distributions-to-retirement-accounts-is-aug-31
If you are over 70, please read! 2020 RMD Recontribution Deadline
The Molen & Associates Difference
Mike Forsyth
“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”
Daysy Moreno
“I’ve worked with Molen & Associates for several years now, and I can’t say enough good things about them. Their team is always on top of every detail, staying ahead of deadlines and tax changes so we don’t have to worry. Their professionalism, responsiveness, and expertise give us total confidence that everything is handled properly and thoroughly. Whenever we have questions, they take time to explain in clear terms (no confusing jargon) and always make sure we understand our options. The peace of mind they give is priceless—knowing our taxes and finances are in good hands.”
Sy Sahrai
“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”
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