THE SECURE & CARES ACT

THE SECURE ACT: WHICH PRIMARILY BECAME EFFECTIVE ON JANUARY 01, 2020 CHANGED FOREVER (OR AT LEAST UNTIL THE NEXT ACT BY CONGRESS) SOME OF THE PLANNING OPPORTUNITIES AVAILABLE TO IRA'S AND QUALIFIED PLANS. IT ALSO CHANGED THE CRAZY AGE 70.5 REQUIREMENT TO BEGIN REQUIRED MINIMUM DISTRIBUTIONS OR (RMDs) TO AGE 72.

HOWEVER, LIKE EVERY TAX LAW CHANGE BEFORE IT, OPPORTUNITIES ARISE ALONG WITH SOME OF THE THINGS THAT THEY TAKE AWAY. CONTACT US TODAY TO SEE HOW THE CHANGES FROM THE SECURE ACT MAY AFFECT YOU AND YOUR LEGACY PLANNING.

THE CARES ACT: WHICH IS RELATIVELY FRESH OFF THE PRESS AND WAS PASSED AS A RESULT OF THE 2020 COVID-19 NATIONAL PANDEMIC, CAN ALLOW PEOPLE TO SUSPEND RMDs FOR 2020 AND EVEN ALLOW FOR DISTRIBUTIONS OF UP TO 100-K FROM IRA's AND/OR OTHER RETIREMENT PLANS WITHOUT BEING SUBJECT TO THE USUAL PRE AGE 59 1/2, IRS 10% PENALTY TAX AND PROVIDE TAX ADVANTAGED RE-PAYMENT OPTIONS. THIS ACT IS LOADED WITH POTENTIALLY, ONCE IN A LIFETIME OPPORTUNITIES THAT ARE CURRENTLY ONLY AVAILABLE FOR A LIMITED TIME.

REACH OUT TO US TODAY... SEE IF YOU ARE ELIGIBLE TO TAKE ADVANTAGE OF SOME OF THE PROVISIONS IN THIS HISTORICAL LEGISLATION.