Texas Disaster Declaration: IRA and HSA Deadlines Extended for Some | Wolters Kluwer
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  • Texas Disaster Declaration: IRA and HSA Deadlines Extended for Some

    Mike Schiller Onward

    by Mike Schiller, Consultant, Tax Advantaged Accounts, Wolters Kluwer

    Published July 12, 2018




    Due to the destruction caused by severe storms and flooding occurring in Texas starting on June 19, 2018, the President has declared parts of Texas a federal disaster area. As a result, individuals that reside in or have a business located in an affected area may qualify for tax relief.

    The tax relief postpones until October 31, 2018 certain deadlines falling on or after June 19, 2018 and before October 31, 2018. Deadlines that apply to individual retirement accounts (IRAs), Health Saving Accounts (HSAs), Coverdell Education Savings Accounts (CESAs), and other tax advantaged accounts that fall within this time period are extended.

    For an opportunity to learn more about IRAs and other tax advantaged accounts, including Health Savings Accounts and Coverdell Education Savings Accounts, consider joining us for one of our IRA, HSA, or CESA Live Streaming events offered on a variety of topics. For more information call us at 1-800-552-9408.



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