Two 401(k) SECURE Act Provisions to Act on Now
Two 401(k) SECURE Act Provisions to Act on Now Earlier this year, the SECURE Act 2.0 was signed into law by President Biden. With several important, mandatory provisions going into effect on January 1, 2024, the entire industry is feeling the urgency to create a compliant path forward with new processes, procedures, and employee communication…. Read more Two 401(k) SECURE Act Provisions to Act on Now
Spousal Lifetime Access Trust (SLAT)
Spousal Lifetime Access Trust (SLAT) With rising interest rates and the lifetime gift tax exemption set to revert to $5M (adjusted for inflation) in 2026, clients with an excess of $24M of combined wealth should consider various lifetime gifting strategies before certain estate tax saving opportunities are gone. What is SLAT? The SLAT is a… Read more Spousal Lifetime Access Trust (SLAT)
I ran SECURE 2.0 through ChatGPT, and here’s what it produced
I ran SECURE 2.0 through ChatGPT, and here’s what it produced Conversations about Artificial Intelligence (AI) seem to be everywhere right now. You hear stories of “amazing outcomes” following the slightest effort. For example, I took my Aldrich headshot, ran it through Lensa, and received about 100 pieces of Neil-headshot-centric art in minutes; some of… Read more I ran SECURE 2.0 through ChatGPT, and here’s what it produced
SECURE Act 2.0: Notable Provisions for Retirement Planning
SECURE Act 2.0: Notable Provisions for Retirement Planning By Tom Gilbers, CFP® The SECURE Act of 2019 made sweeping changes to the retirement planning landscape—including eliminating the stretch rule for most non-spousal inherited retirement accounts. Arriving nearly three years after its namesake legislation, the SECURE Act 2.0 was signed into law by President Biden on… Read more SECURE Act 2.0: Notable Provisions for Retirement Planning
Q4 2022 Market Commentary + Outlook
Q4 2022 Market Commentary + Outlook This quarter, Aldrich Wealth’s Chief Investment Officer Darin Richards is joined by the Director of Private Wealth, Nicole Rice, for insights into what drove investment performance in the fourth quarter and what to look forward to in 2023. Executive Summary The S&P 500 posted its first quarterly gain of the… Read more Q4 2022 Market Commentary + Outlook
Inherited IRAs and Proposed IRS Regulations: What You Need to Know About RMDs and the 10-Year Rule
Inherited IRAs and Proposed IRS Regulations: What You Need to Know About RMDs and the 10-Year Rule By Tom Gilbers, CFP® Recent guidance by the Internal Revenue Service gives new insight into the agency’s plan to enforce required minimum distributions (RMDs) on certain beneficiaries of inherited retirement plans and IRAs. The passage of the SECURE… Read more Inherited IRAs and Proposed IRS Regulations: What You Need to Know About RMDs and the 10-Year Rule
Aldrich Wealth’s Neil Plein and Casey McKillip Named to NAPA’s List of Top Advisors Under 40
Coronavirus Stimulus Package Includes Retirement Plan Relief
CORONAVIRUS STIMULUS PACKAGE INCLUDES RETIREMENT PLAN RELIEF On Wednesday, March 25, 2020, the Senate agreed to a $2 trillion relief package designed to address the immediate, staggering effects of the COVID-19 pandemic on the United States. The stimulus package, dubbed the Coronavirus Aid, Relief and Economic Security (CARES) Act, was voted on and passed… Read more Coronavirus Stimulus Package Includes Retirement Plan Relief
