I hope that 2020 is off to a great start for you and your family! With the beginning of the new year, we all tend to make resolutions – losing weight, exercising more, cleaning out your closets – just to name a few! Here at PFG, we particularly love this time of year as we find many clients making financial resolutions and needing our help to get started. If we can be of assistance, please make an appointment and we’ll help you make good on your resolution.
Even if you didn’t make any financial resolutions for 2020, you’ll find meeting with us early in the year will help you understand how recent changes as part of the SECURE Act will affect retirement savings and distributions. We recently sent out an email announcing some of the most significant changes, but it’s important enough that we wanted to make sure all our clients are in the know.
While most changes are positive enhancements to retirement savings and distributions, there are a few changes that can potentially have an impact on your heirs. We have an overview of the SECURE Act on our website and there’s also a feature article in this edition of The Heron, “Pros, Cons and Possible Disasters After SECURE Act,” that discusses issues that affect many Americans.
We recommend making an appointment so we can review your particular situation, both to take full advantage of the SECURE Act enhancements, and to make sure the changes are aligned with the needs of you and your family.
Todd M. Wike, CFP®
CERTIFIED FINANCIAL PLANNER™
Managing Partner, Potomac Financial Group
2019 RJFS Chairman’s Council Member*
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