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Listen to Money Wisdom with Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® and gain key financial insights to help you make informed decisions for your future. Jake and Nick aim to provide clarity and guidance, addressing your questions and shining a light on the real financial challenges facing today’s retirees.

Aug 7, 2020

We’re a little more than halfway through 2020 but there’s been enough news to keep us busy through the end of the year. With another round of relief potentially on the way, we thought it would be a great time to catch you up on all of the legislation that’s passed so far this year that impacts you financially.

 

Read more and get additional financial resources here: https://johnsonbrunetti.com/?p=5917 

 

On today's show: 

0:23 – Two key elements of the SECURE Act

4:45 – Let’s use some real numbers to show how it works.

8:28 – This will limit the ability to pass wealth between generations.

9:48 – Change of the RMD age

14:53 – Action taking during the pandemic

15:19 – The recovery rebate

17:12 – RMDs no longer required for 2020