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.