Blog

Category: Congress

Bipartisan Support in Congress to Make Retirement More Secure

By Lineweaver Financial Group
July 02, 2019 Category: Congress, Retirement, IRA

by LFG Tax Director, Mark Sipos On May 23rd, 2019, the U.S. House of Representatives voted overwhelmingly in favor of the SECURE Act, which stands for Setting Every Community Up for Retirement Enhancement. Most of the provisions in the act are designed to make it easier for more people to save for retirement, and for more employers to offer retirement plans for their employees. One notable provision in the bill would essentially end whats known as the stretch IRA. Under the current law, when a beneficiary inherits an IRA, the beneficiary can choose to have the IRA balance distributed in two ways: either in required minimum distributions based on his or her life expectancy, or during the five years after the original account holder passes. Making maximum use of the IRAs taxdeferred compounding like this is known as a stretch IRA. Under SECURE, in most instances an inherited IRA would have to be fully distributed within 10 years of the original owners death, although there are some exceptions. Some

Categories
Newsletter (30)
General (26)
Economic Commentary (16)
Retirement (15)
Retirement Planning (14)
Letter From The President (14)
Financial Planning (11)
Tax (11)
Healthwatch (10)
Lineweaver (10)
Market Commentary (8)
Taxes (7)
Q3 (7)
Tax Planning (6)
Education Programs (6)
Market (6)
Estate Planning (4)
Social Security (4)
IRA (4)
LFG (4)
Bonds (4)
Portfolio (3)
(3)
Market Review (3)
Finance (3)
2017 (3)
Trump (3)
Insurance (3)
Tax Law (3)
Diversification (3)
Health (2)
Client Spotlight (2)
Coordination (2)
Financial (2)
Stocks (2)
Charity (2)
2019 (2)
Market Update (2)
Investing (2)
Tax Cuts And Jobs Act (2)
Annuity (2)
Annuities (2)
Rising Interest Rates (2)
Tax Scams (2)
HealthWatch (2)
Investments (2)
Brexit Update (2)
2016 (2)
Election (2)
Interest Rates (2)
Volatile Market (2)
Strategies (2)
Social Security Benefits (2)
High Income (2)
Q2 Newsletter (2)
Financial Strategies (2)
Anne Graffice (1)
Pro Football Hall Of Fame (1)
Q3 Newsletter (1)
Q1 (1)
Tips (1)
Bitcoin (1)
David Baker (1)
Sring Cleaning Your Finances (1)
Cooking (1)
Advice (1)
Healthy (1)
Keeping Your Mind Sharp (1)
Summer (1)
Q2 2019 (1)
New Years Resolutions (1)
Vacation From Investments (1)
Eye Strain (1)
Financial Quarterback (1)
Quarterly Newsletter (1)
James Lineweaver (1)
Exercising (1)
Screens (1)
Vacation Home (1)
Market Outlook (1)
In Laws (1)
Marital Trust (1)
Bloodline Trust (1)
Trusts (1)
Financial Goals (1)
Jim Lineweaver (1)
2018 (1)
Inheritance (1)
Statements (1)
Big Banks (1)
Legal (1)
Nutrition (1)
Charitable (1)
Donations (1)
End Of Year Taxes (1)
Tax Strategies (1)
Black Swan (1)
CARES (1)
CARES Act (1)
Stimulus (1)
Steps (1)
POA (1)
Probiotics (1)
Economic Outlook (1)
2020 (1)
2020Q3 (1)
Medicare (1)
Medicare Supplements (1)
Your Retirement Playbook (1)
2020Q4 (1)
Power Of Attorney (1)
Elder Law (1)
Wills (1)
Sell (1)
Chad Roope (1)
Roth Ira (1)
Roth Conversion (1)
Traditional Ira (1)
Congress (1)
Sell In May And Go Away (1)
Stock (1)
Buy (1)
Dementia (1)
Healthcare (1)
Review (1)
Credit Unions (1)
Pse (1)
Cryptocurrency (1)
Savings (1)
Checking (1)
Banking (1)
Longterm Care (1)
Investment (1)
Eat More (1)
Market Volatility (1)
Dividend (1)
Retire Early (1)
Legacy (1)
Retiring (1)
Self Employed (1)
Business Owners (1)
Annuity Alternatives (1)
Life Insurance (1)
Bonds Ladder (1)
Q1 2017 Newsletter (1)
Policy (1)
Roth (1)
Donor Advised Fund (1)
Private Foundation Charitable Lead Trust (1)
Charitable Remainder Trust (1)
Growing Your Wealth (1)
Real Estate (1)
REITs (1)
Retire (1)
Winter 2017 (1)
Protection (1)
Harvest For Hunger (1)
Retirement Tips (1)
Financial Advice (1)
Financial Advisor (1)
Social Security Planning (1)
Charitable Contributions (1)
Women And Money (1)
Service Day (1)
Gifting (1)
2016 Market (1)
Candidates (1)
Politics (1)
Fall 2016 (1)
Financial Health (1)
Holiday Planning (1)
Stockpile (1)
Holiday Gifts (1)
1st Quarter (1)
Risk Management (1)
North Korea (1)
Drink Water (1)
Trading (1)
Top Financial Strategies Of The Wealthy (1)
Market Pullback (1)
Reallocation (1)
RMD (1)
Distribution (1)
Tariffs (1)
NAFTA (1)
New Tax Law (1)
Transfer Real Estate (1)
529 Plans (1)
Charitable Giving (1)
Q2 (1)
New Website (1)
Bruce Motko (1)
Travel Tips (1)
Travel (1)
Markets (1)
Defer Tax (1)
Letter From The President New Years Resolutions (1)
Conflict (1)
Fraud (1)
Lineweaver Wealth Advisors (1)
Mutual Funds (1)
Expense (1)
Costs (1)
401(k) (1)
Equifax (1)
Mark Sipos (1)
2017 Q4 (1)
Identity Theft (1)
Market Review 2017 (1)
Third Quarter (1)
Tax Cuts And Job Act (1)
Introducing (1)
Kids (1)
Grand Kids (1)
Tax Cuts (1)
Jobs (1)
Lose Weight (1)
Markets Don\'t Pick Sides (1)
+ Show More

Terms and Conditions | Privacy Policy | Disclosures

Lineweaver Financial Group ©
Powered by Virteom Logo Virteom