SECURE 2.0 Act Aims to Increase Retirement Savings for Americans
Carson Wealth
DECEMBER 27, 2022
The SECURE Act of 2019 made sweeping changes to required minimum distributions , with the most prudent change being that most non-spousal inherited retirement accounts are required to be withdrawn over 10 years rather than stretching distributions out to avoid heavy tax liabilities. This is capped at $5,000 per year.
Let's personalize your content