This month we are exploring social problems threatened by the “Baby Boomer” generation’s looming retirement and how the SECURE Act offers tax incentives to help reduce those problems.
SECURE Act changes to IRAs will affect you or someone you know in 2020. The ‘‘Setting Every Community Up for Retirement Enhancement Act of 2019’’ (SECURE Act) begins on page 604 of H. R. 1865, the 715-page Congressional appropriations bill that President Trump signed on December 20, 2019. This article highlights some SECURE Act provisions and suggests income tax planning strategies that may help some families reduce tax burdens.
[See our Disclaimers page about relying on this website’s contents.] Is it possible for senses of duty, obligation, and responsibility to be harmful for people? Trust and estate lawyers working with multiple generations of people often see sharp generational differences in people’s expectations of themselves and people of other generations. This article considers when traditional senses […]