Secure Act 2.0 - Stretch IRAs
Secure Act 2.0 eliminated the Stretch IRA rule that allowed beneficiaries their whole lives to pull money out of the account and stretch their tax bills. Now, the Act requires that the accounts be depleted within 10 years. Tune in to RetireReady with David Nicholas this Sunday at 11:30 AM on CBS as David discusses strategies to reduce the balance over time and potentially reduce your tax bill.Â
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The information contained in this post is general in nature and for informational purposes only. It should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This post is not a solicitation or an offer to buy or sell any specific security.