FineMark’s Trust Advisor, Read Sawczyn gives a short review on the recent updates to the Secure Act 2.0 and discusses how some of the changes could potentially impact your retirement plans and IRAs.
Secure ACT 2.0: Four Key Enhancements Could Help You Save More for Retirement
A new bill, that could become law later this year, may help Americans put more money away for retirement. FineMark Private Wealth Advisor, Dean Borland, shares some of the key highlights in Secure Act 2.0.
Revisiting the Secure Act
Shortly before the onset of the coronavirus pandemic and the enactment of the CARES Act, the SECURE Act was signed into law. The SECURE Act created the most significant retirement plan changes in over a decade.
What about that IRA?
As we transition into the second half of the year, now is a good time to reflect on and review the wealth plan you have currently in place. When it comes to retirement planning, the SECURE Act that was passed in December 2019 established some wide-ranging changes to the treatment and handling of retirement accounts. …
