The retroactive payment was reported in the year it arrived, and that return is the one Medicare will read in 2027. Four more consequences nobody was mailed a notice about.

A SpaceX liquidity event doesn't automatically produce financial security — it produces a large pool of capital that needs to be converted into something sustainable. Here's what the gap between "liquid" and "planned" actually looks like, and how to close it before it quietly costs you.

Many employers with company plans are scrambling to be ready for the soon-to-be-effective SECURE 2.0 rule requiring high-paid employees to make plan catch-ups contributions to Roth accounts.

The SECURE 2.0 Act expanded the list of exceptions to the 10% penalty.

In the 2022 SECURE 2.0 legislation, Congress gave the IRS two years, which have come and gone, to come up with rules allowing IRA owners to fix certain mistakes through self-correction.

The arrival of the SECURE Act means the end of the stretch IRA for many beneficiaries.

A recent survey found that about one-third of Americans plan to retire in their current city. A key factor in decisions about where to retire is financial security.

One of the more controversial rules in the 2022 SECURE 2.0 Act is the requirement that plan catch-up contributions by certain highly-paid employees be made on a Roth basis. But things have changed.

Key 401(k) changes take effect in 2025 under SECURE 2.0, including auto-enrollment and part-time employee eligibility. Learn how these updates affect you.

Keep in mind that these are the rules for IRAs inherited after 2019. (Pre-SECURE Act rules apply for IRAs inherited before 2020.)

The IRS has raised 401(k) contribution limits for 2025, with new savings opportunities under the SECURE 2.0 Act. Learn about the updated limits here.

Discover the IRS tax relief and retirement withdrawal options for victims of Hurricanes Helene and Milton. Learn about penalty-free IRA withdrawals, extended tax deadlines, and SECURE 2.0 benefits.

Learn how new IRS rules affect penalties for missed RMDs and excess IRA contributions, including critical statute of limitations updates under SECURE 2.0.

In 2020, the SECURE Act completely changed the game for nonspouse IRA beneficiaries. Here is some good news if you are inheriting a Roth IRA.

Of all the many provisions in the SECURE 2.0 Act, none has been more perplexing than Section 327, which changed the rules for spouse beneficiaries.

Under the SECURE Act, a minor child of the account owner is considered an eligible designated beneficiary and can stretch distributions from an inherited IRA over their life expectancy until reaching age 21.

401(k) plans can now match student loan repayments under SECURE 2.0, providing valuable contributions toward retirement savings starting in 2024.

New IRS rules make it easier to qualify as an Eligible Designated Beneficiary for inherited IRAs. Learn who qualifies and how to secure lifetime RMDs.

Both retired and working participants were concerned that significant changes in Social Security may be ahead. They're not wrong to be concerned.

After more than two years, we might actually be getting answers from the IRS on several important unanswered questions concerning RMDs for those who inherit IRAs or company plan accounts. Learn about the upcoming IRS Beneficiary RMD Final Regulations, changes from the SECURE Act, and how they impact your retirement account inheritance planning.

Learn how SECURE 2.0 allows penalty-free 401(k) and IRA withdrawals for emergencies and domestic abuse victims. Review limits and rules.

Learn about the IRS final RMD regulations under the SECURE Act. Understand key changes, their impact on beneficiaries, and what you need to do next.

Here’s a cheat sheet on how the SECURE Act rules currently stand for IRAs inherited after 2019.

Prepare for the seven key life events that impact baby boomers' finances and investments. Learn about estate planning, health care, retirement, and managing multiple income sources. Consult a financial advisor to secure your future.

SECURE 2.0 made some significant changes to the SIMPLE IRA plan contribution limits, pushing the 2024 limits to $17,600 and $3,850, respectively.

Learn whether 529-to-Roth IRA rollovers are subject to state tax. Explore state-specific rules and their tax implications under SECURE 2.0.

More than a dozen holidays are celebrated this week, including America Saves Week, which encourages people to build a secure financial future by saving for what matters most.

SECURE 2.0 established a six-year SOL on the 6% excess IRA contribution penalty and a three-year SOL on penalties for missed required minimum distributions (RMDs).

SECURE 2.0 expands in-service withdrawal options for 401(k), 403(b), and 457 plans. Learn what’s changed and how these rules affect access to retirement funds.

In its proposed SECURE Act regulations, the IRS surprised everyone by saying that, in addition to the 10-year payout, annual RMDs are required in years of 1-9 of the 10-year period if the IRA owner had died on or after the date his RMDs were required to begin.

More 401(k) SECURE 2.0 changes such as matches on student debt and emergency savings accounts are already in effect. But there are others that are still on the way.

SECURE 2.0 allows IRA annuities and other IRA funds to be combined for RMDs. A proper annuity valuation is required to apply the new rule.

Beginning in 2023, SECURE 2.0 allowed for employer contributions to be made to Roth accounts. But few plans have offered Roth employer contributions because of the need for recordkeepers to adjust their systems and because of the lack of IRS guidance.

Congress made SIMPLE IRA plans more complex with new 2024 rules under the SECURE 2.0 Act. Learn how limits and contributions are changing.

When the bell dropped in Times Square last Sunday night, a bunch of new provisions from the SECURE 2.0 legislation kicked in. This article will focus on the Roth-related changes that are effective in 2024.

The SECURE 2.0 Act contained over 90 sections and included numerous IRA and retirement account changes. Here is a list of 10 items from the Act scheduled to come on-line in 2024.

Thinking of opening up a new solo 401(k) plan for 2023? Thanks to SECURE 2.0, you don’t have to rush to get it done by year end.

Section 327 changes the distribution rules for spouse beneficiaries of IRA (and workplace plan) account holders and is effective January 1, 2024. The result is that some of these beneficiaries will actually be in a worse position than they are in under the current rules.

Traditional IRA owners are subject to RMDs beginning in the year in which they turn age 72. The RMD age used to be 70½, but the SECURE Act raised the age to 72 for anyone who turned 70½ in 2020 or later.

IRA contribution limits rise to $7,000 in 2024. Learn new income thresholds, catch-up rules, and other IRA updates under SECURE 2.0.

The IRS delays roth catch up: The IRS delayed the effective date of the SECURE 2.0 rule requiring catch-up contributions by higher-paid older employees to be made on a Roth basis.

Learn about Required Minimum Distributions (RMDs) and Qualified Charitable Contributions (QCDs), their tax benefits, deadlines, and rule changes under SECURE 2.0.

SECURE 2.0 expands qualified charitable distributions (QCDs) by allowing a one-time only QCD of up to $50,000 to a split-interest entity. As a result of this new rule, there is now a great opportunity to fund a charitable gift annuity (CGA) with a QCD.

As advisor questions come in about the SECURE Act, SECURE 2.0 and the tax code, I get it when they ask, “Where does it say that?” But the “Where does it say that?” question is not an easy one.

It’s that time again, when the federal government reports on the fiscal state of Social Security (headed toward zero) and also estimates the cost-of-living adjustments (COLAs) for next year. Last year, retirees got a 9% raise, but were told the program would be insolvent by 2033. This year, retirees should receive around a 3% raise, and the program is still on the way to financial oblivion.

The IRS gives employer plans two more years to comply with the controversial SECURE 2.0 rule requiring “catch-up contributions” for high-paid employees to be made on a Roth basis. The effective date of the rule has been postponed from January 1, 2024 to January 1, 2026.

Learn how the 3-year statute of limitations affects missed RMD penalties and what SECURE 2.0 means for your retirement distributions.

The lunacy of IRA beneficiary payout rules continues to boggle the mind. As I guide advisors through the options available to their clients, various nuances present one unique scenario after another. Did the original IRA owner pass away before or after the establishment of the SECURE Act? How old was the person when they died? Who was the beneficiary? Is this a successor beneficiary situation? Ultimately, by following the individual fact patterns, definitive answers materialize.

Unlock expert insights into special needs financial planning with Arcadia Berjonneau-Keane's video series. Learn key strategies for securing your child's future now.

Explore 457(b) plans: rollovers, creditor protection. Know differences in governmental and top hat plans for a secure retirement. Read more.

While celebrating, same-sex couples may want to take this opportunity to consider plans for their retirement accounts. Since the SECURE Act and SECURE 2.0 have overhauled the rules, it may be time for a new strategy. Here are 5 retirement account planning tips.

Find out when RMDs apply to inherited Roth IRAs based on beneficiary type. Learn how SECURE Act rules affect Roth IRA inheritance.

Learn how to legally and securely name a minor as your IRA beneficiary with custodial accounts, trust options, and guardian guidance.

There are numerous articles referring to “eligible designated beneficiaries” (EDBs), “non-eligible designated beneficiaries” (NEDBs), and “non-designated beneficiaries” (NDBs). As a basic refresher, the three SECURE Act IRA beneficiary categories (and their applicable payout rules), are as follows.

Beginning in 2024, SECURE 2.0 requires that certain high-paid 401(k) participants who want to make catch-ups must make them on a Roth basis. This means that the contributions will be made on after-tax pay, but the contributions and associated earnings can be distributed tax free if certain conditions are met.

RMDs and how they function have been altered as SECURE 2.0 has taken affect. Read to see how in this article.

SECURE 2.0 has changed many things, including Roth accounts with new savings opportunities to employ today.

SECURE 2.0 is extremely beneficial as it gives more leniency towards missed payments and allows you to wait longer until you have to take out much needed funds.

SECURE 2.0 has changed the way that employer contributed accounts are maintained. Read more to see how.

SECURE 2.0 has changed the way RMDs work in retirement planning. Read to see these changes.

SECURE 2.0 updates allow charities as beneficiaries in special needs AMBTs, improving IRA stretch options for disabled or chronically ill individuals.

As we get deeper into the new year, make sure that you have your financial plans in order.

Under SECURE 2.0, RMDs have changed in certain ways that are critical for you to understand.

Roth IRA distributions have changed by SECURE 2.0. Read what those changes are.

This article contains changes made to retirement accounts from SECURE 2.0, more specifically in the 401(k) category.

This article contains a couple questions regarding RMDs and their new functions according to SECURE 2.0.

SECURE 2.0 brings changes to RMDs in regards to Roth IRAs. Read how in this article.

When it comes to rollovers from 529 plans to Roth IRAs, there are new regulations when it comes to SECURE 2.0.

Confused about SECURE Act 2.0? Take a look at our rundown of the new legislation and how it changes your retirement.

Delaying RMDs can be a beneficial step in successful retirement planning. See how things have changed under SECURE 2.0.

Under SECURE 2.0, there are a couple of new ways to avoid the 10% withdrawal penalty. Read how these work.

Contained in this article is a list of 5 major changes to retirement accounts courtesy of SECURE 2.0.

IRA deadlines are coming to an end as the year closes out. Make sure you are on top of all these to secure yourself for a successful 2023.

SECURE 2.0 has been passed, and therefore things have been changed and added accordingly. Read to find out more.

Government bills are being formulated that deal with the SECURE Act 2.0 and other financial features.

Roth IRAs are already popular, and with new SECURE Act regulations, they have even more advantages. Read what those are!

SECURE 2.0 is designed to increase savings in IRAs and company plans for retirement planners and savers.

Everyone wants to be comfortable and financially stable as they age. Here are few tips to help you secure retirement in your 50s and 60s.

Many regulations in the SECURE Act are confusing, leading to many questions asking how to understand them. This article will explain!

The new IRS regulations that came with the SECURE Act have been fraught with curveballs. Read this article to understand all the details.

Should you consider taking Social Security early to cover a sudden financial hardship? Make these crucial considerations first.

Before you can begin to claim any Social Security benefits be sure you're checking these 6 things off your list to start your retirement off on the right foot.

Did you know that you can claim a spousal benefit for social security? We detail a few important situations where you can claim spousal benefits for social security, even if you're widowed or divorced.

Just because you've retired doesn't mean you have to stop working. However, working income may affect your social security earnings.

You may be waiting as long as possible to take your Social Security benefits, but is that actually your best option? Here's what research you should be doing to find out.

Deciding to wait or claim Social Security benefits is a personal decision. Here are some important factors anyone nearing or in retirement should consider now.

You've imagined your dream retirement, but how can you know if you’ll be able to afford it? Estimating your Social Security benefits is an important component to any retirement plan.

One of the most complex and important financial decisions you can make is when to claim Social Security. Here are some key points and considerations to think about when you should claim Social Security.

There are a number of details involved when it comes to maximizing your Social Security benefits. If you're married, it's important to consider your options for both you and your partner.

The Social Security Administration announced a 2021 Cost of Living Increase of 1.3% on Oct. 13, 2020. Whether you’re currently working or enjoying retirement, here’s how you may be affected.