26 min
021: How Does the SECURE Act Affect Your IRAs? Retirement Equals Freedom
-
- Investing
Wait for it! Who knew that anticipating one person’s “Byeee!” could create such compelling podcast drama? We don’t want to undersell the exciting insights Host Josh Bretl is sharing about the Secure Act of 2019 on this episode of The Retirement Equals Freedom Podcast. But its special guest Erin Fogarty, an advisor at FSR Wealth, who generates the emotional high points! (You just have to listen really, really closely …)
In the meantime, if you’re stashing earned income in an IRA-type retirement account, you’ll want to know all about the implications of a new and evolving law whose reassuring acronym – SECURE – stands for “Setting Every Community Up for Retirement Enhancement Act.”
Without proactive financial planning, you may miss the boat on timing distributions and wind up paying taxes you want to avoid! You’ll learn about how The Secure Act of 2019 came to be (and why there’s already a 2.0 version under consideration) as well as some of specific changes that may impact how non-spouses who inherit retirement accounts will need to sequence distributions.
Co-host Dave Schmidt brings it all together with a vivid illustration of what could happen to retirees or soon-to-be-retirees who don’t get help decoding all the fine print! (Please note: No bunnies were harmed in the making of this podcast.)
You won’t want to miss this opportunity to jot down notes and questions for your retirement planner about this policy that’s still a work in progress!
This episode was fueled by Cometeer Coffee, both iced and hot!
Numbers are growing like crazy, so get onboard by signing up for the show’s new weekly email at this link and then come on over and join the conversation at our new private Facebook group, which you can find here (#MoreErin!).
Click here to learn more about or listen to previous episodes of The Retirement Equals Freedom Podcast. Don’t forget to sign up for the podcast email club while you're there!
Click here to explore the services that FSR Wealth Strategies offers and schedule a discovery call with one of the team’s CPAs. When it comes to living your best life, it’s never too early to get started!
Wait for it! Who knew that anticipating one person’s “Byeee!” could create such compelling podcast drama? We don’t want to undersell the exciting insights Host Josh Bretl is sharing about the Secure Act of 2019 on this episode of The Retirement Equals Freedom Podcast. But its special guest Erin Fogarty, an advisor at FSR Wealth, who generates the emotional high points! (You just have to listen really, really closely …)
In the meantime, if you’re stashing earned income in an IRA-type retirement account, you’ll want to know all about the implications of a new and evolving law whose reassuring acronym – SECURE – stands for “Setting Every Community Up for Retirement Enhancement Act.”
Without proactive financial planning, you may miss the boat on timing distributions and wind up paying taxes you want to avoid! You’ll learn about how The Secure Act of 2019 came to be (and why there’s already a 2.0 version under consideration) as well as some of specific changes that may impact how non-spouses who inherit retirement accounts will need to sequence distributions.
Co-host Dave Schmidt brings it all together with a vivid illustration of what could happen to retirees or soon-to-be-retirees who don’t get help decoding all the fine print! (Please note: No bunnies were harmed in the making of this podcast.)
You won’t want to miss this opportunity to jot down notes and questions for your retirement planner about this policy that’s still a work in progress!
This episode was fueled by Cometeer Coffee, both iced and hot!
Numbers are growing like crazy, so get onboard by signing up for the show’s new weekly email at this link and then come on over and join the conversation at our new private Facebook group, which you can find here (#MoreErin!).
Click here to learn more about or listen to previous episodes of The Retirement Equals Freedom Podcast. Don’t forget to sign up for the podcast email club while you're there!
Click here to explore the services that FSR Wealth Strategies offers and schedule a discovery call with one of the team’s CPAs. When it comes to living your best life, it’s never too early to get started!
26 min