Great article on the SECURE act, written by Nick Prigitano, CFP of Milestone Financial Planning, LLC! Will comment more when the act becomes law and we know the final provisions. It may change how much the FI community wants to save in pre-tax money (pre-tax IRAs and 401ks are already future tax bombs – for interesting reading on this visit the Wealthy Accountant). It may also kill a lot of “pay no taxes ever” strategies.
SECURE Act – The Death of Never Pay Taxes Strategy?