Americas - Regional Country Listing
  • Seizing on stress testing’s strategic potential
    Seizing on stress testing’s strategic potential
  • RegTech White Paper
    RegTech: Helping Your Data Work Smarter and Harder
  • Streamlining Banks’ Paperwork Journey: An Integrated Approach to Managing Finance, Risk and Reporting
    Streamlining Banks’ Paperwork: An Integrated Approach to Managing Finance, Risk and Reporting

What we offer

Wolters Kluwer Financial Services is the leading worldwide provider of comprehensive risk management, compliance and audit solutions for the financial services industry. We empower risk, compliance, finance and audit professionals in more than 15,000 financial services organizations worldwide to make intelligent and clear-sighted decisions in a rapidly evolving global environment.

Explore Insights

IRA Required Minimum Distributions and Aggregation

(Published November 21, 2019) The required minimum distribution (RMD) aggregation rule applies to individual retirement accounts (IRAs) that require an annual distribution. Traditional, simplified employee pension (SEP), and Savings Incentive Match Plan for Small Employers (SIMPLE) IRAs are all subject to the RMD rules. If an IRA owner has more than one IRA, the applicable RMD for each is generally taken from the IRA to which the RMD applies, however, the RMD amounts may be aggregated and taken from any one (or more) of the IRAs.

IRAs and Required Minimum Distributions: IRS Proposes Updates to Life Expectancy Tables

(Published November 21, 2019) On November 7, 2019 the Internal Revenue Service (IRS) released proposed updates to the life expectancy and distribution period tables which provide the divisors used to calculate required minimum distributions (RMDs) from employer plans and traditional, simplified employee pension (SEP), and Savings Incentive Match Plan for Small Employees (SIMPLE) individual retirement accounts (IRAs) and for Roth IRA beneficiaries. The existing tables were released in 2002 and have been effective since 2003.

Show more
CCO Liability Live Webinar Image
 

Live Webinar: CCO Liability – Effective Ways to Reduce your Exposure

 
 
Register today
Hero Image
 

Leading Solutions to Complex Issues

 
 
View more