Who is your primary beneficiary? As of January 1, 2020, new rules that are described in the SECURE Act will impact both beneficiaries and taxes for those people that have a substantial net worth contained in their IRA, and guess what? – the IRS is looking for a raise.
While we can’t make taxes go away completely we strive to have every client make purposeful decisions with tax implication consideration. This page contains information from various sources that will felt would help you. Remember to check back often as we will continue to update this through 2019