January Newsletter-Tax Law Changes Coming, Asset Allocations, and the Real Cost of Spending
Significant changes to the tax law are coming with what is being billed as the Secure 2.0 Act. These tax changes will push required minimum distributions (RMDs) to age 75 for those born after 1960. The act will also allow 529 plans to be converted to a Roth account up to $35,000 if certain requirements are met. Read more here and here.The employee contribution to 401(k), 403(b), […]