Tag: IRA
Wouldn’t it be nice to find some money sitting in a long-forgotten retirement account somewhere? It’s not hard for workers to lose track of an old account as they move from employer to employer, often across state lines. Each state government keeps a repository of unclaimed property – most have been doing this since t…
The legislation addresses big problems with baby steps. In December 2019, Congress passed the SECURE Act, the first major piece of pension legislation since the Pension Protection Act of 2006. Proponents have characterized the passage of the SECURE Act as “a great victory for plan sponsors and American workers.” I would characterize the legislation somewhat…
