The Secure Act

The SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts (Elville and Associates’ Letter to Clients)

On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. The SECURE Act has several positive changes: It increases the required beginning date (RBD) for required …

The SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts (Elville and Associates’ Letter to Clients) Read More »

The Secure Act and Its Potential Income Tax Effect on Clients’ Estate Planning – Seven Important Opportunities

Authored by: Stephen R. Elville, Esq. — Elville and Associates, P.C. — 443-393-7696, steve@elvilleassociates.com An unprecedented situation is underway – the Secure Act may impact estate planning in a significant way – in particular, estate planning for retirement plan assets. The Secure Act (House of Representatives’ version – the 10-year plan) recently passed through the …

The Secure Act and Its Potential Income Tax Effect on Clients’ Estate Planning – Seven Important Opportunities Read More »