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On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, which is effective January 1, 2020, is the most impactful retirement legislation of the past decade. It increases the age for...
By Thomas Fafinski The United States Senate refused to consider the SECURE (Setting Every Community up for Retirement Enhancement) Act in November such that the legislation proposing the biggest changes to retirement policy since 2006 will remain in limbo. The bill...
As we approach the end of another year, our minds seem to naturally wander to estate, asset protection and income tax planning strategies for you. The Federal Estate Tax—The Sky’s The Limit, BUT NOT FOR MINNESOTA ESTATE TAXES The current federal estate tax only...
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