Stretch IRA

The Senate’s RESA Is Even Worse News For The Stretch IRA

The Bird’s Eye View:

On today’s show, we’ll follow-up on an earlier conversation about the SECURE Act’s impact on the Stretch IRA and talk about how the Senate’s plan (RESA) spells even greater doom for IRA owners with large balances. If you have a lot saved in an IRA and might pass it to a non-spouse beneficiary one day, this conversation better be on your radar.

Episode 21: https://yourretirementelevated.podbean.com/e/how-the-secure-act-might-impact-your-financial-plan/

Article: https://401kspecialistmag.com/will-secure-act-be-the-end-of-stretch-iras/

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Scott Dougan, RFC, Investment Advisor – Contact

How The SECURE Act Might Impact Your Financial Plan

The Bird’s Eye View:

Congress is in the middle of passing the SECURE Act (passed in the House, waiting on the Senate). The bill brings a lot of positive changes for those of us planning for retirement, but it also threatens the elimination of an important and well-used planning strategy, the Stretch IRA. Scott will break down this bill for us and talk about how it might impact our financial plans going forward.

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Click here to read a related blog post on the SECURE Act.

Your Guide:

Home Insight About Scott

Scott Dougan, RFC, Investment Advisor – Contact