The Case for Increasing Roth Contributions

Roth IRAs have always been valuable tools in the retirement and legacy world. Then late in 2019, the SECURE Act made tax-deferred inherited accounts, like regular IRA’s or 401k’s a 10-year ticking tax bomb for heirs. Shortly after, the 2020 CARES act injected trillions of dollars back into the economy, inflating the US’s growing debt. This article will start with …

The SECURE Act

The Setting Every Community Up for Retirement Enhancement Act of 2019, better known as The SECURE Act, is a retirement security package under debate in Congress.  Currently, the bill is stalled in the Senate after passing through the House of Representatives in May 2019.  Among the changes to retirement plans and 529 plans, two of the more notable changes, if …