The SECURE Act made significant changes to IRAs, required minimum distributions (RMDs), qualified charitable distributions (QCDs), and other retirement planning tools. It will affect your tax plan, your estate plan, and in-turn your overall retirement plan.
So, what is the SECURE Act exactly? The Setting Every Community Up for Retirement Enhancement Act is the Act’s full name. It passed both chambers of Congress and was signed into law by President Trump on December 20, 2019. The bill impacts all four pillars of wealth management – investments, taxes, estate planning, and insurance by making changes to important and often used instruments for retirement planning.
We’ve put together this workshop to make sure you’re educated on the new law and understand how it can, and will, impact your overall plans to retire.
Want to get started before the workshop? Listen to The Guided Retirement Show!
Dean Barber and our Estate Planning attorneys Garrett Griffin and Jason Salinardi discuss wills and probate, the pitfalls of going online for an estate plan, and more in Episode 8 and Episode 9 of The Guided Retirement Show, our podcast. You’ll find the episodes on our podcast page, your favorite podcast app, or the podcast YouTube channel! If you enjoy the podcast be sure to subscribe so you never miss an episode.