Planning Around The New Limitations On Stretch IRAs

retirement plans
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“Commentators appear to be almost uniform in proclaiming the demise of so-called stretch IRA and other defined contributions plan benefits (including 401Ks) after the Further Consolidated Appropriations Act of 2020 (FCAA). Whereas prior to 2020, designated beneficiaries could defer receipt of IRA and other defined contribution plan benefits over their lifetimes, the new rule places a ceiling of 10 years on this deferral.” Continue reading.

Source: Financial Advisor

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