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SECURE Act

View important SECURE Act updates and highlights written by Schneider Downs Retirement Solutions professionals.

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SECURE Act: Modification of Required Minimum Distribution Rules for Designated Beneficiaries (Section 401)

Based on the new provisions of the SECURE Act, there are now much more restrictive rules surrounding a required minimum distribution (RMD) to designated ...

SECURE Act: Modification of Required Minimum Distribution Rules for Designated Beneficiaries (Section 401)

2019 Mortality Table and Improvement Scale Updates

The Society of Actuaries has been updating the mortality improvement scale on an annual basis since 2014. As a result, Scale MP-2019 represents the most

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Crown Prince Mohamed and Jeff Bezos’ Rocky Relationship Leads to Hack, Murder

Against the backdrop of strengthened relations between the United States and Saudi Arabia over the past few years, relations began between Saudi Crown

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Simplification of Accounting for Income Taxes – ASU 2019-12

The Financial Accounting Standards Board (FASB) issued ASU 2019-12 on December 18, 2019 based on recommended changes by stakeholders as part of the FASB’s

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Fraud Detection Filters Causing Delays in Some IRS Refunds

The IRS continues to place premium importance on the prevention of identity theft and non-identify theft refund fraud, but its implementation of process

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What is More Beneficial for Professional Service Organizations: Accrual Basis or Cash Basis Financial Statements?

One of the most important decisions management of a professional service organization needs to make as it relates to their financial statements is the

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Fake Charities in the Wake of the Australia Wildfires

The devastating fires in Australia have become a worldwide concern, and people are looking to donate to charities aimed at helping with the crisis. Unfortunately,

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