The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law in December 2019.
Interestingly, this piece of legislation affects almost all retirement plans. Some provisions include delaying Required Minimum Distributions (RMDs) to age 72, removing stretch IRA provisions in Inherited IRAs, and extending the date for setting up a Solo 401k plan.
We’ve covered various aspects of the SECURE Act in past blog posts:
- SECURE Act Could Increase Benefits in 401k Plans
- SECURE ACT and Solo 401k: New Law Affects You
- 2020 Tax Implications for Year End
Nathaniel Busch, CPA joins us for a live training to discuss how the SECURE Act affects your retirement planning.
What We Cover:
- What is the SECURE Act?
- How does it affect Solo 401k and IRA account holders?
- What should you do to be prepared?
SECURE Act and the Solo 401k Webinar Replay
Interested in Learning More About Busch Tax?
Nate founded Busch Tax Company in 2016 to meet the growing demand for entrepreneurial tax & accounting services. Nate’s team believes one of the most significant threats to a taxpayer is ineffective tax compliance.
Fortunately, Busch Tax specializes in servicing entrepreneurs and those who have the spirit and wherewithal to invest in themselves. The need for a small business owner to obtain quality expertise in tax compliance is critical. The self-employed pay the most in taxes in the United States. Bush Tax management of their client base is aggressive, proactive, and strategic. Clients engage Busch Tax so they may engage them at multiple points throughout the year to ensure their plan is followed and tax goals achieved.
As a result, clients are well informed, educated, and prepared for their tax liabilities.
Interested in seeing how the Busch Tax team can help?