As of January 1, 2020, the SECURE Act went into effect marking one of the most dynamic changes to retirement legislation since the Pension Protection Act of 2006. The far-reaching changes include significant provisions aimed at increasing access to tax-advantaged accounts and preventing older Americans from outliving their assets – good news for all.
Included in this new tax bill were several changes to the rules regarding IRAs. Read below for the changes and how it may impact your retirement benefits:
The Associated’s professionals are ready to work with you and your advisors on ways to help maximize the financial and charitable benefits of any charitable planning strategies available to you.
For more information, contact Jackie Yahr, Assistant Vice President, Charitable Planning at 410-369-9248 or jyahr@associated.org.
This is for informational purposes only and should not be construed as legal, tax or financial advice. When considering gift planning strategies, you should always consult with your own legal and tax advisors.
The Associated is a home for everyone in the Baltimore Jewish community. We offer several email lists to help people find a community, engage with their peers and support Jewish journeys around the world.
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The Associated is a home for everyone in the Baltimore Jewish community. We offer several email lists to help people find a community, engage with their peers and support Jewish journeys around the world.
Join Our Mailing List