Broker Check


December 21, 2019

On December 20, 2019, President Trump signed into law the SECURE Act (Setting Every Community Up for Retirement Enhancement). Some components of the law include increasing RMD to age 72, eliminating the maximum age for IRA contributions, and eliminating Stretch IRAs.

We’ll discuss implications of the new legislation for you at our tax-time reviews. Please don’t hesitate to contact us with questions or to chat sooner. If you have had your taxes done with us before, Dave will soon email you the checklist for organizing tax requirements. Once you have all your documents ready, please call us at the office and Jane will help you schedule an appointment.

With an election just around the corner, we anticipate increasing volatility as November nears. For this reason, we encourage you to consider taking your RMDs in the first quarter if possible. Give us a call to discuss!