The new SECURE Act just changed the rules governing after-death distributions of tax qualified money, including IRAs and 401(k)’s. The new law accelerates the time in which taxes must be paid on this money.
|•||Have your clients planned for this new 10 year distribution rule?|
|•||Have you planned for the loss of stretch IRA business?|
|•||We’ve uncovered four ways life insurance can mitigate the tax impact to your clients and minimize taxes to the IRS.|