For some with inherited retirement accounts, next steps for distribution planning may be unclear under the SECURE Act rules.
Consider reminding parents that having everyone together at holiday gatherings can be a good time to address some key planning topics.
Despite progress on marriage equality and workplace protections, some in the LGBTQIA+ community face challenges around finances and other legal issues.
Potential changes to stepped-up cost basis rules may emerge as lawmakers consider federal revenue needs.
Most advisors are closely monitoring tax policy as it is not yet clear what proposals around estate taxes will be introduced on Congress’s agenda this year.