Wealth Management South Bay

New Year, Major Tax Law Changes: The SECURE Act

New law ALERT: As of January 1, 2020, the new Secure Act repeals the age restriction on contributions to traditional IRAs. So, for tax years beginning in 2020 and beyond, you can make contributions after reaching age 70½. … Thanks to the new law, you can make contributions for tax year 2020 and beyond AND it pushed back the RMD age to […]

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