Passing Retirement Accounts on to the Next Generation Under the SECURE Act: The SECURE Act Explained

Building a Beneficiary Plan Under the SECURE Act of 2020: How to Efficiently Pass Retirement Accounts on to the Next Generation Efficiently Many investors focus on gaining the most from their retirement accounts while they are alive, but what about after you pass away? At the tail end of 2019, Congress passed the SECURE Act which had massive implications in passing money on to your spouse and future generations. Think to yourself... Since the SECURE Act was written into law, have you updated or reviewed the beneficiary plans for your retirement accounts? If not, this is a Wealth Wednesday you won't want to miss. From time to time, we see retirees forgo basic estate planning because it's complex and something 'my heirs can worry about'. Lawyers and the IRS love retirees with this mindset. Don't make the mistake of leaving hundreds of thousands on the table because of simple, fixable mistakes. You worked too hard for your money. In this training we discuss: ✅ How to avoid 5 common beneficiary horror stories ✅ Three classes of beneficiaries and what each class means in terms of your retirement accounts ✅ The SECURE Act Explained: Why small details in the SECURE Act will now have an enormous impact on the timing and amount your heirs receive ✅ 5 steps to building a bulletproof beneficiary plan ✅ Who qualify as designated beneficiaries (DB) and who qualifies as eligible designated beneficiaries (EDB) - - - - - - - - - - - - - - - - - - - Always remember, "You Don't Need More Money; You Need a Better Plan" 🍿 Subscribe to our channel: https://www.youtube.com/channel/UCVMA... 🏆 Join our 'Retirement Mastery' Facebook Group: https://bit.ly/retirement-mastery-group 📈 Talk with us about your retirement plan here: https://www.safeguardinvest.com/contact 📚 The New 60/40: How the Next Generation of Retirees Can Achieve Radical Financial Freedom through Better Safe Investing - https://www.amazon.com/New-60-Generat... Safeguard Wealth Management is a Registered Investment Advisor in the State of WI. Safeguard Wealth Management is not an insurance provider. All content on Youtube is for informational purposes only and should not be taken as personal advice for your situation. You can read more disclosures at https://www.safeguardinvest.com/fiduc...