RESOURCES

This holiday season Congress has given us SECURE 2.0. With no time to spare to avoid a government shutdown, they passed the $1.7 trillion Consolidated Appropriations Act of 2023 and sent it off the President for signature. Tucked inside the more than 4000 pages of legislation, you can find SECURE 2.0. While this “Son of SECURE” is not exactly the game changer for IRAs that its “Dad” (the original SECURE Act) was, there are still many changes that will affect IRA owners and beneficiaries.

Clement seeks to simplify how we approach money. Money is confusing to many people, but at a basic level, building wealth is not complicated. “We save as much as we reasonably can, take on debt cautiously, limit our exposure to major financial risks, and try not to be too clever about our investing.” He gives five basic steps to make our money a source of satisfaction rather than an area of stress.

A strong summer rally gave some hope that the bear market was over, and we could all get back to making copious amounts of money. The month of September put an end to that hope.

One of the most complex and important financial decisions you can make is when to claim Social Security. Here are some key points and considerations to think about when you should claim Social Security.