As year-end approached in 2019, all was not deadlocked in Washington.
You see, on December 20th the president signed off on an important new law called the Setting Every Community Up for Retirement Enhancement Act of 2019, also known as the SECURE Act.
The new law, explained in my new article, makes significant changes in how you can…
- Save money for retirement
- Use your money in retirement
- Better use your Section 529 plans
How does the new law affect you?
Well, we’ve studied every line of the new legislation and have identified eight key changes in the law.
We’ll explain all of them in detail
when you read my new article…
Top 8 Changes in the New SECURE Act
You Need to Know Now.
Here’s just some of the important information we’ve got waiting for you.
Change #1: NOW you can get a small-business-employer automatic contribution tax credit
Change #2: NOW graduate and postdoctoral students can contribute to an IRA
Change #3: NOW there’s no age limit on traditional IRA contributions
Change #4: NOW there’s no 10% penalty on qualified birth or adoption distributions
Change #5: NOW RMDs are delayed until age 72
Change #6: NOW Retirement plans opened by the due date of your tax return allow deductible contributions for that tax year
Change #7: NOW there are more ways to take tax-free distributions from your Section 529 plan
Change #8: NOW there are new rules for taking money out of inherited retirement accounts
For a full explanation of
how the SECURE Act affects you,
