Day: February 9, 2023

Secure Act 2.0 – Tax Planning Opportunities Related to Delayed Required Minimum Distribution Requirements

Those who reach age 72 in 2023 or beyond now have more time to opportunistically take distributions from their tax-deferred accounts in efforts to minimize their tax liability over their retirement years.1  For those who will turn 72 in 2023-2031, RMDs must begin at age 73; for those who turn 72 in 2032 or later, Required…