Age milestones can trigger financial planning actions
Many financial planning actions are linked to age milestones. See how key birthdays and other dates could signal financial planning moves.
Tag: SECURE Act
Unraveling the 10-year rule
The SECURE Act 10-year rule set new guidelines for distributing inherited retirement accounts and has impacted retirement planning.
Heirs still waiting for clarity on 10-year rule
Although the Treasury Department issued proposed regulations for the new 10-year rule in February 2022, heirs are still waiting for final clarification.
Important estate planning moves before year-end
Estate planning is an important part of year-end planning as taxpayers seek to manage the distribution of assets as and meet any state tax requirements.
Distribution planning under the SECURE Act
For some with inherited retirement accounts, next steps for distribution planning may be unclear under the SECURE Act rules.
SECURE 2.0 clears a key hurdle
The House passed SECURE 2.0 that expands on landmark retirement legislation enacted in 2019.
Leading tax topics on the minds of financial advisors
SECURE Act regulations, the SALT deduction, and Roth IRA strategies were among the leading tax topics raised by financial advisors at a recent webcast.
Changes to the 10-year rule could surprise retirement account heirs
The IRS is proposing new rules for retirement account distributions including changes to the requirements of the 10-year rule for heirs.
Required distributions on inherited retirement accounts reduced in 2022
New life expectancy table mean RMDs on inherited accounts will be reduced this year.
More clarity on Secure 2.0 retirement bill
A new retirement bill, known as Secure 2.0, recently passed a key House committee and will be considered by the full House at some point.