SCI Foundation May Be An Option For You When Dealing With New Tax Laws
The SECURE Act passed by Congress in late December 2019 made sweeping changes to tax law rules governing retirement plans and IRAs. The changes could substantially increase the income taxes paid by your children on inherited IRAs as it demolishes any plans for children to benefit from a stretch IRA.
Now is the time to evaluate the beneficiary designations on your retirement plans and IRA accounts! Involving SCI Foundation in your plans may help you beat the increased taxes that can result from these changes. Click here for details.