Secure Act 2.0 - Stretch IRAs
Secure Act 2.0 eliminated the Stretch IRA rule that allowed beneficiaries their whole lives to pull money out of the account and stretch their tax bills. Now, the Act requires that the accounts be depleted within 10 years. Tune in to RetireReady with David Nicholas this Sunday at 11:30 AM on CBS as David discusses strategies to reduce the balance over time and potentially reduce your tax bill.
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