The SECURE Act Updates and What it Means for Your 401ks, IRAs and RMDs

Our 2 Cents – Episode #031

The SECURE Act Updates and What it Means for Your 401ks, IRAs and RMDs

The New Year and new updates to your retirement plan! Today we discuss how the SECURE Act is changing the way you can contribute to your retirement accounts and the new start date to take your RMDs. After that, we converse about all of the tax dollars that the state of Illinois received after the first day of Marijuana being legalized!

Here’s what was covered in this episode:

  • 2019 Stock Market Review: Quick Hits – SGL Financial
  • How Changes in Retirement and Tax Law Will Help Save You Cash in 2020 [Yahoo Finance]
  • Why The SECURE Act makes 2020 The Year of Missed RMDs From IRAs [Forbes]
  • Nearly $3.2 Million in Legal Weed Sold in Illinois on the First Day of Sales, Marking One of the Strongest Showings in History of Marijuana [Chicago Tribune]
  • Google’s AI System Can Beat Doctors at Detecting Breast Cancer [CNN]

Tune in now to join us for this discussion!


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