How the SECURE Act Could Change Your Retirement


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How the SECURE Act Could Change Your Retirement

It's happened. After a nearly unanimous passage in the U.S. House of Representatives, the SECURE Act (Setting Up Every Community for Retirement Enhancement Act) has become law. The legislation was “attached” to a bipartisan spending bill with the goal of avoiding another government shutdown.

The president signed the SECURE Act into law on December 20^th, 2019. With many provisions having gone into effect on January 1st, 2020, it will have big implications for retirement and taxes. As a result, retirees and working-age retirement savers can start seeing major changes as early as 2020.

All of that being said, the SECURE Act brings the most sweeping changes to the U.S. retirement system in a decade.

New Year, New (Financial) You!

The new year is best known for resolutions. The trouble is that many new year’s resolutions don’t survive past the first month or so. Why is that? You might suspect it’s because we set unrealistic goals or lack the proper motivation.If you’ve got some financial resolutions you want to stick to, the key is to set realistic goals and have the proper discipline to hang in there, especially when the going gets tough.Consider the following tips. Everyone can improve their finances and – as a ...

The Tax Treatment of Annuities - What You Need To Know.

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Key Person Insurance

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