ENG2328. IRA/Retirement Account Update (EST, PFP)

The SECURE Act substantially changed post-mortem RMD rules. This changes prudent lifetime planning and post-mortem calculations. Regulation and guidance published since provides both clarification and complication. Bob will provide a timely update regarding the current law and best practices. Shortly after the SECURE Act was signed into law, Congress began working on follow-up legislation to further stimulate retirement saving. This legislation is generally referred to as ‘SECURE 2.0. Bob will provide an overview of the legislation from a personal finance perspective.

Learning Objectives:

• Understand the latest on post-mortem IRA distributions.
• Have a basic understanding of changes in SECURE 2.0.