Estate Planning

New Year, New Law Pt. 4: 4 Ways the SECURE Act Could Affect Your 401(k)

Here’s proof that funding retirement has changed: In 1970, 45% of private sector employees were covered by a pension plan.[1] Now, 4% are covered.[2] Pensions have largely been replaced by 401(k), IRAs, and similar retirement plans, and retirees must find a way to make their savings last throughout retirement. The SECURE Act responds to this changing [...]

2020-04-24T15:39:41+00:00January 31st, 2020|Estate Planning, Financial Planning, Retirement Planning|

New Year, New Law Pt. 2: Time to Review Your Estate Plan

The Setting Every Community Up for Retirement Enhancement (SECURE) Act is the biggest piece of retirement legislation to be passed in years. It will undoubtedly have a major effect on how many Americans approach retirement planning, and particularly estate planning. We’re covering these changes throughout the month and focusing on the elimination of ‘stretch’ IRAs [...]

2020-04-24T15:45:26+00:00January 17th, 2020|Estate Planning, Retirement Planning|