Unfortunately, we all worry about accumulating enough money for retirement and we under estimate what could financially devastate us in the blink of an eye. The need to create an Extended Care plan is important. All aging individuals, regardless of age, should have a plan in place. Extended Care could be the greatest crisis we […]
SECURE Act Jan 1st 2020: The 3 most important takeaways for seniors.
Increasing the required minimum distribution age — and contribution age One of the biggest changes in the SECURE Act is the Required Minimum Distribution (RMD) age being increased 18 months. Rather than people being required to take RMDs at age 70½, RMDs will start at age 72. This will allow workers another year-and-a-half to build […]