First Utah Bank
(801) 308-2265
Email
Website
NMLS# 616429
The CARES Act has provided relief for businesses and consumers, and certain provisions benefit investors. For instance, the IRS announced that all required minimum distributions (RDM’s) have been suspended for 2020. This waiver includes any retirement account subject to RMDs, such as IRAs, 401(k)s, Roth 401(k)s and inherited accounts.