With the recent passage of SECURE Act 2.0, many sweeping changes to retirement planning landscape will be implemented in the coming years. We have summarized the key dates to keep in mind for planning purposes. Contact your Summit Financial advisor to discuss how these changes will impact your retirement planning.

Please click "Read More" below to view the full document which outlines the dates of the most impactful provisions.

RECENT INSIGHTS

December 15, 2023

RMDs on BDA IRAs (10-Year Rule) Quick take: The SECURE Act established new distribution rules for qualified retirement accounts inherited...

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December 15, 2023

 Estimated Income Tax Underpayments Quick take: Given the high interest rate environment, the IRS currently charges an interest rate of...

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December 15, 2023

2024 Estate, Gift, and GST Tax Inflation Adjustments Quick take: The IRS has announced that the estate and gift tax...

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