Free Republic 1st Qtr 2021 Fundraising Target: $88,000 Receipts & Pledges to-date: $31,019
35%  
Woo hoo!! And the first 35% is in!! Thank you all very much!! God bless.

Keyword: secureact

Brevity: Headers | « Text »
  • What to Expect from President Trump's SECURE Act

    02/21/2020 7:48:27 AM PST · by Kaslin · 20 replies
    Townhall.com ^ | February 21, 2020 | Donald Lambro
    WASHINGTON - “Like grave robbers opening King Tut’s tomb, Congress can’t wait to get its hands on America’s retirement account assets,” the Wall Street Journal warned taxpayers last year. The warning was contained in an article written by Philip DeMuth, author of “The Overtaxed Investor: Slash Your Tax Bill and Be a Tax Alpha Dog.” He was writing about the House-passed Setting Every Community Up for Retirement Enhancement Act, known by its less than honest acronym, “SECURE.” If you have laid aside investment funds for your kids to inherit to help them out after you’ve passed away, there will be...
  • U.S. economy on path to 'solid' 2020 growth; budget deficits to top $1 trillion

    01/28/2020 12:14:20 PM PST · by Oldeconomybuyer · 12 replies
    Reuters ^ | January 28, 2020 | by Richard Cowan
    WASHINGTON - The U.S. economy will grow at a “solid” rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion. While the economy will be on good footing during this presidential election year, CBO also noted that conditions will lead to “higher inflation and interest rates after a decade in which both remained low, on average.” The inflation and interest rate rises will be noticed this year and continue through 2022 before settling down beginning in 2023, under the forecast. In its updated budget and economic outlook spanning the...
  • The SECURE Act is changing retirement — here are the most important things to know

    01/28/2020 8:16:41 AM PST · by ProtectOurFreedom · 40 replies
    MarketWatch ^ | January 8, 2020 | Allesandra Malito
    President Trump signed the SECURE Act this week (January 8, 2020) as part of the government’s spending bill and it will inevitably affect most retirement savers, for better or worse. The SECURE legislation — which stands for “Setting Every Community Up for Retirement Enhancement” — puts into place numerous provisions intended to strengthen retirement security across the country. Part of the bill addresses the grim outlook for many workers who don’t have access to workplace retirement accounts. It offers small businesses tax incentives to set up automatic enrollment in retirement plans for its workers, or allows them to join multiple...
  • Beware, the IRS is eyeing your inherited money

    07/15/2019 10:21:23 AM PDT · by DFG · 42 replies
    Market Watch ^ | 07/15/2019 | Staff
    One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of your wealth. Especially wealth that you earned the old-fashioned way: by inheriting it. To raise your paranoia to the appropriate level, here are two new things to worry about. Few noticed when the House of Representatives in May overwhelming passed the imaginatively named “Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.” The vote was 417-3. Senate passage was thought to be a mere...
  • House approves retirement reform bill that amends 401(k), IRA rules

    05/24/2019 9:48:22 AM PDT · by rintintin · 39 replies
    Fox Business ^ | May 23 2019 | Brittany De Lea
    The U.S. House of Representatives on Thursday passed a bill that aims to encourage retirement Opens a New Window. savings among Americans and strengthen their long-term financial stability Opens a New Window. . Among the provisions called for in the Setting Every Community Up for Retirement Enhancement, or Secure Act, are a couple that will increase the flexibility associated with retirement accounts. Individuals would be allowed to stash money into IRA accounts beyond the current age limit of 70 1/2. It would also delay when individuals are required to begin taking required minimum distributions to 72, from 70 1/2.
  • Trump’s Draft Amnesty: Unlimited, Forever, and Before a Wall Is Built

    01/27/2018 11:59:25 AM PST · by davikkm · 69 replies
    breitbart ^ | NEIL MUNRO
    A near-final draft of the White House’s unlimited and forever amnesty bill says the administration wants $25 billion for a wall over the next five years, and will not cancel chain-migration or visa-lottery inflows until the last of the 4 million foreigners now in the pipeline have arrived in the 2030s. The amnesty is dubbed the Security, Enforcement, and Compassion United Reform Effort Act, or SECURE Act. It is based on the SUCCEED Act developed by Sen. Thom Tillis and Sen. James Lankford, and it offers amnesty to an unlimited number of people, without any ending date. Overall, the amnesty...