Weekly Notables

from the Desk of Brian Bickett, CFP®

for the Week of July 24, 2019


This week’s financial article reviews some of the potential drawbacks of the SECURE Act of 2019 to beneficiary investors – in it’s current form, as it passed the House.  It has not as of yet been passed thru the Senate or signed into law by the President.  And it is highly likely that if and when the SECURE Act of 2019 is signed into law that it will be in a slightly different form than it’s current state.  

While it is important to keep up-to-date on potential regulation changes and their impact to clients, the financial advice I provide is based upon current regulations and laws.  Once a new regulation or law is officially put into place, it is then that plans are reviewed and recommendations adjusted in response to the new regulation or law.  It would not be prudent on my part, nor beneficial to clients, to recommend adjustments based on every proposed potential regulation or law.

Enjoy the ride of YOUR life!

— Brian

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Brian can help you develop a roadmap to get you from where you are to where you want to go — and then put it in action, making your money work for you to avoid behavioral mistakes.

Beware, The IRS Is Eyeing Your Inherited Money

The House passed the SECURE (Setting Every Community Up for Retirement Enhancement) Act of 2019 back in May and it is currently hung up in the Senate.  While it’s likely to pass and be signed into law with slight modifications, it includes reducing the duration that inherited IRA’s can be stretched down to 10 years.

Pikes Peak Could Ban Motorcycles

After Carlin Dunnes’ tragic accident earlier this month, there is some serious talk about banning motorcycles from the Pikes Peak International Hill Climb.

Where’s Brian?

Going-to-the-Sun Road bound…

Additional Articles You May Find Interesting

Presidential Election, Volatility, and the Long View

Presidential Election, Volatility, and the Long View

Article written by Brian Bickett The presidential election is looming next week and, considering the many surprises 2020 has already brought us, the outcome of the election is shrouded with uncertainty, speculation, and angst.  Beyond how the election winner will...

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CARES Act – Returning unwanted 2020 RMDs

CARES Act – Returning unwanted 2020 RMDs

Article written by Brian Bickett   One of the key provisions of the CARES Act, the coronavirus relief act that took effect this spring, permitted retirement account holders to bypass required minimum distributions (RMDs) for 2020. RMDs are the annual withdrawals...

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Summary of the 2020 Social Security Trustees’ Report

Summary of the 2020 Social Security Trustees’ Report

The Social Security Board of Trustees released their annual report at the end of April once again this year.  The report for 2019 spans 276 pages that go into detail about the current financial status, future assumptions, and projections.  Once again…

read more
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