The House passed SECURE 2.0 that expands on landmark retirement legislation enacted in 2019.
SECURE Act regulations, the SALT deduction, and Roth IRA strategies were among the leading tax topics raised by financial advisors at a recent webcast.
The IRS is proposing new rules for retirement account distributions including changes to the requirements of the 10-year rule for heirs.
New life expectancy table mean RMDs on inherited accounts will be reduced this year.
The SECURE Act introduced an anti-abuse rule to prevent benefiting twice from taking IRA distributions and QCDs.