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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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Aug 7, 2020

We’re a little more than halfway through 2020 but there’s been enough news to keep us busy through the end of the year. With another round of relief potentially on the way, we thought it would be a great time to catch you up on all of the legislation that’s passed so far this year that impacts you financially.


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On today's show: 

0:23 – Two key elements of the SECURE Act

4:45 – Let’s use some real numbers to show how it works.

8:28 – This will limit the ability to pass wealth between generations.

9:48 – Change of the RMD age

14:53 – Action taking during the pandemic

15:19 – The recovery rebate

17:12 – RMDs no longer required for 2020