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SECURE Act and Stretch IRAS

Inherited IRAS Won’t Stretch As Far As They Used To

Up until 2020, the “stretch IRA” concept was commonly used as an estate or legacy planning tool for IRA owners who wanted to leave a significant amount of tax-sheltered assets...

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Cost of Living Adjustments for IRA Contributions

IRA Contribution Limits for 2020

The IRS has announced the cost-of-living adjustments (COLAs) that will apply to tax-qualified retirement savings plans for the 2020 tax year. In some years, the increase in the cost-of-living index...

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