Trust strategies rattled by SECURE Act
The SECURE Act recast the rules for leaving retirement assets to heirs, creating challenges for beneficiaries and conflicts with certain trust strategies.
The SECURE Act recast the rules for leaving retirement assets to heirs, creating challenges for beneficiaries and conflicts with certain trust strategies.
The SECURE Act became law in December and introduced many changes to retirement accounts, including a new 10-year rule for IRAs signaling the repeal of the stretch IRA strategy.
A strategy that allows investors to make an IRA-to-HSA transfer may be used only once in a lifetime.
Creditor risk, which may be overlooked by investors, can erode retirement savings, particularly in an IRA account.
Some plan participants may use non-hardship 401(k) withdrawals to invest in individual retirement accounts.
Retirees at age 70½ may direct IRA assets to a charity tax-free under a provision made permanent by Congress.
Certain elements of the DOL’s proposed fiduciary rule were modified in the final version released this week.
DOL hears pros and cons of fiduciary rule
The Department of Labor is reviewing testimony on its proposed fiduciary rule.
The Department of Labor is proposing a new rule for individual retirement accounts that could impact how advisors offer advice and charge fees for IRAs.