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Ways to Avoid the New Tax Increase on Retirement Accounts

Ways to Avoid the New Tax Increase on Retirement Accounts

by Ryan Shumaker, The Retirement Team | Mar 1, 2021 | Blog

Last month we discussed the SECURE Act and its projected $15.7 billion tax increase on beneficiaries of tax deferred retirement accounts (like 401(k)s, 403(bs), TSPs, IRAs, etc.). The only ones excluded from this new way of distributing retirement accounts are...
The New $15.7 Billion Tax on Retirement Accounts

The New $15.7 Billion Tax on Retirement Accounts

by Ryan Shumaker, The Retirement Team | Feb 1, 2021 | Blog

We have a saying around our office that retirees are one of the highest and most unfairly taxed groups out there and with the recent passage of the SECURE Act things are getting worse. With most individuals having either their retirement account or their home as the...

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