In early 2022, the IRS issued proposed regulations regarding required minimum distributions (RMDs) to reflect changes made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.
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Financial worries are often cited as a major source of stress. For example, a 2021 study found that even before the pandemic and subsequent economic downturn, a majority of Americans said they felt stressed or anxious about their finances.
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According to a survey taken in late 2022, almost 40% of consumers have set “very” or “extremely” clear long-term financial goals — though for different reasons.
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In December 2022, Congress passed the SECURE 2.0 Act. It introduced two new rules relating to 529 plans
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The IRS recently released the 2024 contribution limits for health savings accounts (HSAs), as well as the 2024 minimum deductible
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