President Trump recently signed into law the SECURE Act which includes changes to existing rules for retirement accounts and 529 plans. Most provisions of the Act become effective on January 1, 2020. We have outlined a few of the major changes below:
There’s been lots of coverage in the news the past couple weeks about changes to Social Security claiming strategies, so we’d like to share a few key highlights about what’s changed and how it may affect you.
One-in-seven Medicare enrollees will pay higher Medicare Part B monthly premiums during 2016. Their premiums will be $121.80 each month, an increase of 16 percent. While that’s not good news, it’s better than it could have been.1
Last November, the Bipartisan Budget Act of 2015 (BBA) was signed into law averting a United States default and deferring further discussion of U.S. debt and spending levels until after 2016’s presidential and congressional elections.