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How the SECURE Act is Changing Your Retirement

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Did you know legislation passed in December of 2019 that benefits small business owners’ retirement plans and makes part-time employees eligible for retirement plans?

The SECURE Act is both helping these groups of people and impacting any person who has a 401(k), IRA, or any retirement plan, for that matter.

If you’re like most, you may have missed this important retirement information with 2020’s many unexpected events demanding attention.

To get you caught up, and make sure you have adjusted your plan to match the SECURE Act’s changes, we put together three 10-minute videos that dive deep into what the SECURE Act means for you.

The SECURE Act: PART 1

Learn what the SECURE Act is and about changes to

  • The retirement contribution age
  • Required Minimum Distributions (RMDs)
  • Inherited IRA and defined contribution plan

The SECURE Act: PART 2

Learn about changes to

  • Multiple Employer Plans
  • 401(k) Loans
  • Fellowship Payments and Stipends
  • 529 Plans Distributions

The SECURE Act: PART 3

Learn about changes to

  • Small Business Tax Credits & Automatic Enrollment
  • Part-time Employees & Home Healthcare Workers
  • Annuities in Retirement Plans
  • Early Distribution Penalty

 

Ready to update your financial plan? Call 775.332.7000 and schedule an appointment.

New to American Wealth Management? We will offer a second opinion on your retirement plan and portfolio at no cost. Call us or schedule a free consultation online.

Investment advice offered through American Wealth Management (“AWM”), a SEC-registered investment adviser. Certain personnel of AWM may also be registered representatives of M.S. Howells & Co. (“MSH”), Member FINRA/SIPC, a registered broker-dealer, and therefore, may offer securities through MSH. AWM and MSH are not affiliated entities.