Congress Courageously Sticks US Taxpayers With A $6 Trillion Liability
If Congress is one thing, it is courageous.
(From Zerohedge)
Under the SECURE Act, your kids would have ten years to pay out (and be taxed on) the entire value of your retirement account.
This means that the annual payouts would be MUCH larger… thus bumping your children up to a higher tax bracket… meaning that they’ll end up paying much higher taxes on your retirement savings.
Reprinted from: https://www.ac2news.com/2019/07/congress-courageously-sticks-us-taxpayers-with-a-6-trillion-liability/
