IRS Archives - Charles W. Rawl & Associates, LLC

Charlie Rawl Completed Advanced Training on New IRS Rules Including SECURE Act Regulations

Members of Ed Slott’s Master Elite IRA Advisor Group attend semiannual workshop October 24-25, 2024. The invite-only workshop offered advanced training on retirement account planning strategies, recent tax law changes, and estate planning techniques, featuring the latest updates from the nearly 300 pages of new tax rules released by the IRS in July, including the final SECURE Act regulations and SECURE 2.0 proposed regulations. “With every new law and regulation, the retirement planning landscape becomes more intricate, creating both fresh opportunities and challenges for Americans,” said Ed Slott, CPA. “These [...]

By cwrawl|October 26, 2024|Categories: News|Tags: Ed Slott Elite Advisors, IRS, SECURE Act|

New SECURE Act RMD Rules Announced by the IRS

Three weeks ago, the IRS released the long-awaited SECURE Act RMD proposed regulations. As a member of Ed Slott’s Master Elite IRA Advisor Group, Mr. Rawl has direct access to Ed and his team of IRA experts. Ed Slott and Company is a valuable resource for knowing the facts and applying that to artful IRA planning. On July 18, 2024, the IRS issued both final regulations under the 2020 SECURE Act and proposed regulations under the SECURE 2.0 Act of 2022. These long-awaited new regulations impact many [...]

By cwrawl|August 6, 2024|Categories: News|Tags: IRAs, IRS, RMDs, Taxes|

Internal Revenue Service Waives 50% Penalty for Missed 2021 and 2022 RMDs within the 10-Year Period

As a member of Ed Slott’s Master Elite IRA Advisor Group, Mr. Rawl has direct access to Ed and his team of IRA experts. Ed Slott and Company is a valuable resource for knowing the facts and applying that to artful IRA planning. By Ian Berger, JD IRA Analyst Last Friday (October 7, 2022), the IRS waived the 50% penalty on missed 2021 and 2022 inherited retirement account RMDs for beneficiaries subject to the SECURE Act 10-year payout period. The guidance was in IRS Notice 2022-53. The [...]

By cwrawl|October 10, 2022|Categories: Articles, The Slott Report|Tags: IRAs, IRS, RMDs|

The Most Controversial Part of the New IRS Regulations

The IRS has flip-flopped! In the SECURE Act, Congress eliminated the “Stretch IRA” for most inherited IRAs beginning in 2020. A new “10-year rule” was put in place and experts believed the IRA balance had to be withdrawn by the end of the 10-year period with no annual distribution requirements. In May 2021, the IRS confirmed that annual RMDs were not required. Two weeks ago, the IRS released the long-awaited SECURE Act RMD proposed regulations and flip-flopped. If annual RMDs are required, some taxpayers could already be in trouble. [...]

By cwrawl|March 7, 2022|Categories: Articles, The Slott Report|Tags: Beneficiaries, IRAs, IRS, Taxes|

Charlie Rawl is keenly focused on helping his clients work toward their retirement dreams through a comprehensive financial strategy. He has distinguished himself throughout his career as a troubleshooter and problem-solver, designing and implementing creative solutions to often-complex challenges.

He has three decades of experience in financial services, encompassing commercial banking, insurance and investment management. This diverse experience gives him an invaluable perspective in conducting detailed analyses and creating state-of-the-art wealth management and retirement income solutions.