Congress Waives Required Minimum Distributions

The CARES Act ( the “Act”) waives the required minimum distribution rules for certain defined contribution plans and IRAs for calendar year 2020. This provision provides relief to individuals otherwise required to withdraw funds from such retirement accounts. This also includes individuals who turned 70 1/2 in 2019 but elected to defer their initial distribution […]

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Here’s Something You CAN Do – Give Blood

Here’s a suggestion for everyone who is feeling a little overwhelmed and helpless. This morning I got a call from the New York Blood Center. I am a regular blood donor, and they call me routinely. It’s another way to give back. The blood center caller said that they are in urgent need of blood […]

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Corona Virus Update From Stephen J. Silverberg, Esq.

We are following the news about Coronavirus and a second burst of the traditional flu that’s impacting people in our community. While we don’t believe that anyone should panic, we do want to encourage anyone with older or immunocompromised loved ones to be prepared. The CDC is encouraging everyone to have extra food and supplies on hand, in […]

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