Your Retirement & the SECURE Act.
The SECURE Act is an acronym for 'Setting Every Community Up for Retirement'. Highlights include:
Makes it easier for small businesses to set up retirement accounts for employees and incllude more annuities and otehr lifetime pension options in a 401k plan. Transferable with the employee
Part time workers will be eligible to participate in employer retirement bills under the plan
Pushes back the RMD age to 72.
Removal of stretch IRAs. Any inherited IRA must now be distributed within ten years.
2021 Tax Brackets - Click Here
APRIL 21, 2021 UPDATE - Click Here - IRS Interprets New Law
A Missing Voice in the Financial Industry
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My Recommended Resources
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Penny Myers - Estate Planning Attorney
Elizabeth Anderson - Estate and Medicaid Planning Attorney
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Software to Organize your Home's Equity and Improvements
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