4.6 • 2.8K Ratings
🗓️ 24 January 2020
⏱️ 43 minutes
🧾️ Download transcript
On December 20th, a big piece of legislation was passed called the SECURE Act. It will affect retirement, IRAs, taxes, and more! Don't worry, in this episode, we break down everything you need to know about the SECURE Act and how your strategies may need to change. Plus, we make it fun!
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0:00.0 | Come one come all come to the tent of all answers on the Secure Act come on in |
0:06.4 | It's Brian Preston the money guy restoring order to your financial chaos retirement |
0:13.7 | Investing taxes you've got financial questions. He's got financial answers. It's Brian Preston the money guy |
0:22.4 | So here's what I know because we were just talking about the greatest show when was that your greatest was that like you being |
0:28.0 | My PT Barnum. I love it. I think it's a thing y'all should know |
0:33.0 | This show I was excited about doing it, but then we had a content meeting you know like don't do that show |
0:39.4 | Nobody wants to see that show and then here's what I love about the money guy audience |
0:44.7 | There is not a smarter audience out there. Y'all just I got a bunch of emails |
0:48.9 | We got a bunch of comments on YouTube. We got all kind of things saying hey, when you're gonna do the Secure Act |
0:53.9 | And I'm like those are my peeps. They want to know what's going on |
0:56.6 | So you pulled this thing out of the ditch where the content team allowed me to nerd out |
1:01.4 | So you are correct at the end of last year at the end of 2019 |
1:05.0 | There was some major legislation that changed things and so we've had a lot of folks asking us |
1:09.7 | What did it change? How does it impact me? What do I need to know? |
1:13.0 | So what we've tried to do is take the Secure Act take the girth of it and boil it down and give it to something that will be helpful |
1:19.8 | Invisible for you guys to use and know |
1:22.6 | So I think there's one key takeaway |
1:25.8 | A spoon full of sugar helps the taxes go up a spoon full of sugar helps the taxes go up too soon |
1:35.0 | It's very five minutes right? Yeah, we had to because here's what the guys with our government did |
1:39.5 | They realized that they were raising taxes say had to give us a little spoon full of sugar |
1:45.6 | Meaning they gave us some sweet nurse some good stuff to help this to help a little bit more digestible so it can go down |
1:53.4 | Well taxes are going up so let's kind of jump into this because here's the first question |
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