安全法案摘要: 2022年退休制度的变化

The SECURE Act brought big changes to retirement rules on January 1, 2020. 虽然有很多变化, the most significant ones affect people in or nearing retirement, as well as new parents and people doing estate planning.

Here, we cover four of the changes with the biggest impact. To learn how these and other SECURE Act provisions may affect you, 我们鼓励你和我们的 CUSO Financial Services, L.P. (“CFS”)*财务顾问. Consultations are complimentary for Patelco members, and our advisors can meet over the phone or in a branch. Virtual and video appointments are also available.

更改 所需的最小发行版(rmd)

The starting required minimum distribution (RMD) age is now 72

A required minimum distribution – or RMD – is the minimum amount that must be withdrawn from certain retirement plans, 包括ira. 本质上, they exist as a safeguard against people using a retirement account to avoid paying taxes. The specific RMD amount is determined by an IRS table.

根据新的安全法案规定, you don’t have to start making RMDs until you’re 72, 前提是你在2020年或更晚的时候年满70岁半. (如果你在2019年年满70岁半，则适用旧规则.)

The deadline for taking your first RMD is April 1 of the year following the year you turn 72 (or 70½ if you’re under the old rules). For instance, if you turn 72 in 2021, you have until April 1, 2022 to make your first RMD.

《太阳集团平台》于2020年暂停了rmd

The government’s COVID-19 emergency stimulus package made one additional change: it suspended RMDs in 2020. This gave accounts more time to recover from stock market downturns, and retirees who could afford to leave accounts alone got the benefit of not being taxed on mandatory withdrawals.

新RMD规则对规划的影响

整体, 这种变化对大多数人来说是个好消息, as it provides more flexibility via the option to delay RMDs if the money isn’t needed yet. 然而, some retirees who choose to delay RMDs until age 72 may be increasing their tax bill later in retirement. We recommend talking to your tax advisor about the tax implications of your decision.

传统的爱尔兰共和军 现在可以在70岁半以后缴费

In the past, anyone over 70½ could not contribute to a 传统的爱尔兰共和军. 但在新规定下, as long as you have earned income (wages or self-employment income), 你可以进行传统的爱尔兰共和军供款. If you’re already retired without any earned income, this doesn’t affect you. And this change doesn’t apply to direct Roth 爱尔兰共和军 contributions either, 但确实对爱尔兰共和军转换有影响.

What are the planning implications of this change? This change is most beneficial for people who are still earning income and who are not already making RMDs from a retirement account. If you’re already taking RMDs, you should talk to your tax advisor or one of our CUSO Financial Services, L.P. (“CFS”)*财务顾问. Our advisors can also help you figure out how this rule interacts with 爱尔兰共和军 conversions.

新安全法案 继承的爱尔兰共和军规则

根据《太阳集团官网》, many beneficiaries who inherit a retirement account will be required to distribute those assets within 10 years. (在过去, most people who inherited a retirement account were able to distribute the assets over their expected lifetimes.)

根据新的10年规定, there is no annual distribution requirement for inherited retirement accounts, but all the assets have to be taken out before the end of the 10th year. If all the assets aren’t distributed by then, the remaining amount will be subject to a 50% penalty. 幸运的是, the new 10-year rule does not affect existing inherited accounts (those where the original holder died in 2019 or before).

Some beneficiaries – known as “eligible designated beneficiaries” – are exempt from the 10-year rule, 包括未亡配偶, 未成年子女, 残疾人, 慢性病患者, and beneficiaries less than 10 years younger than original holder (often a sibling). You should talk to your tax advisor or one of our CUSO Financial Services, L.P. (“CFS”)*财务顾问 看看什么适用于你的情况.

What are the planning implications of this change? This provision has significant estate planning implications, especially where trusts have been created to receive retirement account assets. Anyone who is likely to leave a significant amount to heirs should meet with a tax advisor or one of our CUSO Financial Services, L.P. (“CFS”)*财务顾问 to reassess their plans.

免罚款的退休提款是 现在允许支付生育或领养费用

Typically, early withdrawals from a retirement account trigger tax penalties. 但在新规定下, there’s an additional exception: parents can now withdraw up to $5,000 from a retirement account to pay for birth and/or adoption 费用. The regular tax rules apply for the pre-tax contributions, but the 10% early-withdrawal penalty won’t apply.

What are the planning implications of this change? 虽然灵活性是好的, you should recognize that exercising this option can greatly reduce the amount you’ll have in your account when you retire. You should talk to your tax advisor or one of our CUSO Financial Services, L.P. (“CFS”)*财务顾问 to consider potential consequences before taking out these penalty-free funds. That said, adoption and birth can be expensive, so this change could help many families.