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Newsletter: Small Business Owners Thumbnail

Newsletter: Small Business Owners

Tips for Business Owners

Big changes ahead for small business owners, part time workers, people who have 529 plans, 401ks and IRAs. The SECURE act has many changes. Some good. Some not so good. 
A few bullet points are:
-RMD age raised from 70 1/2 to 72
-529 to pay for student loans with some limitations
-tax credits for business owners to establish retirement plans
-part time worker may now qualify for company retirement plans. 
-removal of “stretch IRA“ options for inherited IRAs.  
Reply to this email at Jeremy@RiverbendWM.com with the sub line “SECURE”. I will email you when there is more clarity to theses changes.  
As always, if you have any questions about anything, send me an email or give me a call.