Do you have an IRA, 401(k), ROTH, or any other type of Retirement Account? If so, did you know Congress recently changed the laws that directly impact your retirement account planning? If your planning does not reflect these changes, you or your estate could lose thousands to IRS taxes and fees. Called, the SECURE Act – these changes change the rules with your account distributions. Not knowing these rules, could cost you.
Retirement Account Planning – What’s Different?
On this #WebinarWednesday replay, Elder Law & Estate Planning Attorney Bob Mannor will explain:
- What is a Retirement Account?
- Why is it different than other retirement assets?
- What are the planning options for retirement assets?
- What do you need to do to make sure you’re assets are safe from additional taxes and fees?
You (All) Have Options
You may not be sure how your beneficiaries will want their inheritance distributed. You aren’t sure they would even want them distributed at all and perhaps passed along to another family member. The good news is that Mannor Law Group has designed retirement account planning with options. These safeguards can protect your assets now, while still giving your beneficiaries the flexibility they’ll appreciate later.
If you have Retirement Accounts, planning is important to you. If you’re planning for retirement and haven’t created an estate plan – or – if your estate plan was created before January 01, 2020 contact Mannor Law Group to discuss your options. You may not need to update your planning, or you may need to make big changes. No two estate plans are the same. Contact us today to schedule a free 15-minute call with a member of our team. If you have a financial advisor, they are more than welcome to be a part of your estate planning process.
