Year-End Reminders

As we draw closer to the end of the year, here are several important dates and deadlines to keep in mind.

• For Required Minimum Distributions:  For clients age 74 and older, RMDs may be required by December 31 to avoid penalties. (Clients who turned 73 this year have until April 1, 2024 to take their first distribution, but then must take their second by December 31, 2024.) Any request received December 29, 2023 or later will be processed in 2024. 
• For Tax Documents: Tax Documents will begin mailing approximately January 12. You’ll also be able to view these documents on MyPortal January 15!
• For New Business: Any business submitted on December 29, 2023 or later will be processed and issued in 2024, and commissions paid in 2024.