In a recent column featured in the Rochester Business Journal, HSE partner Marty O’Toole discusses the significant changes to retirement plan distribution rules introduced by the SECURE Act and SECURE 2.0 Act. Marty highlights the IRS’s new final regulations on required minimum distributions (RMDs) and the 10-year rule for beneficiaries. He explains what these changes mean for retirement account owners and their heirs, as well as potential tax implications.
To view the article on Rochester Business Journal‘s website, click here.