Posts Tagged ‘IRA’
SECURE Act 2020 changes to IRAs
The Secure Act, or the Setting Every Community Up for Retirement Enhancement Act went into effect January 1, 2020. The Secure Act changed the Required Minimum Distribution (RMD) age from 70 ½ to 72 years of age. If you were born prior to July 1, 1949 you will still need to take your 2019 RMD…
Read MoreIs Whole Life Insurance a Good Investment Tool?
You can read many different opinions on whether Whole Life Insurance is a good investment strategy and the conflicting response can be confusing. It is good to remember that individual situations make different investment vehicles better for some and not others. For example, a whole life policy can make sense for care of a dependent…
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