The provisions of the Setting Every Community Up for Retirement Enhancement (SECURE) Act took effect Jan. 1, 2020, drastically changing beneficiary payouts for IRAs and Roth IRAs by putting an end to the stretch strategy. Beneficiaries now have 10 years to withdraw the full amount of inherited IRAs, imposing a heavier tax burden on them. Our speaker will take you through the basics of the new law and explain how they affect three sets of potential beneficiaries: spouses, non-spouse persons and non-persons. He’ll also suggest some alternative strategies to the stretch IRA that clients can consider.
CFP, CIMA®, CPWA®, and AEP® CE Credits have been applied for and are pending approval
Director of Retirement Research
Susan Lipp - Moderator
Editor in Chief
Trusts & Estates