The “Setting Every Community Up for Retirement Enhancement” Act—more commonly known as the “SECURE Act”—was signed into law on December 20, 2019 and brought enormous changes to the treatment many qualified retirement accounts, such as IRAs and 401(k) accounts. In 2022, additional regulations proposed by the Treasury Department, along with a recent Congressional update known […]

With bank failures being more pervasive in today’s media, it is helpful to review the amounts the Federal Deposit Insurance Corporation (FDIC) may cover and how individual scenarios may affect coverage. Below is a link to the FDIC’s webpage detailing covered financial accounts and coverage limits: https://www.fdic.gov/resources/deposit-insurance/financial-products-insured/ For example, with solo accounts, the FDIC insures […]

Join Attorney Michael Longyear and the Aging Wisdom organization and a financial advisor from JP Morgan on March 29th, 2023 for a panel discussion titled The Power of Proactive Planning: The Essentials to Aging Well. The proactive planning panel discussion will explore legal issues: what legal documents are appropriate; when should they be prepared; and […]