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The Retirement Huddle

66 EpisodesProduced by Mark HowardWebsite

Financial and retirement planning guidance with Mark Howard of the Howard Financial Group in Savannah.Mark has almost three decades of experience in the financial industry, has been published in the Wall Street Journal, Barron's, South Magazine and several other publications. He has also been featur… read more

12:11

Ep 5: How the SECURE Act Impacts Your Retirement

The SECURE Act took effect to start 2020 and it’s the first significant retirement legislation in many years. Let’s look at the key changes to retirement planning and how it might impact your future.  

 

Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-5-how-the-secure-act-impacts-your-retirement/150/ 

 

Today's show schedule: 

1:07 – RMD age moves from 70.5 to 72. There are some important points to know.

3:41 – There’s now no age limit on IRA contributions as long as you have earned income.  

4:47 – Inherited retirement accounts now have to be distributed within 10 years.  

7:46 – Penalty-free withdrawals from retirement accounts up to a certain amount for new parents.

8:54 – There are now more 401k options for small businesses out there.  

9:44 – These are all great things to review with an advisor.

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