Retirement Plan Changes: What the IRS Update Means for You episode artwork

EPISODE · Jul 24, 2024 · 46 MIN

Retirement Plan Changes: What the IRS Update Means for You

from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

The IRS has issued new guidance on early distributions from retirement plans, providing clarity on exceptions to the 10% additional tax for unforeseeable or emergency personal or family expenses and for survivors of domestic abuse. Understanding the key points of this updated guidance is crucial to ensure it aligns with your retirement goals and minimizes potential penalties. Today's Stocks & Topics: MCD - McDonald's Corp., UNH - UnitedHealth Group Inc., PM - Philip Morris International Inc., Market Wrap, Retirement Plan Changes: What the IRS Update Means for You, AES - AES Corp., Utility Companies, AAPL - Apple Inc., FCC and Crypto Approval, S&P 500, NVDA - NVIDIA Corp., TSM - Taiwan Semiconductor Manufacturing Co. Ltd. ADR, GLD - SPDR Gold Shares, CELH - Celsius Holdings Inc., VVV - Valvoline Inc., GM - General Motors Co., Companies and Politics.Our Sponsors:* Check out Chilipad and use my code INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

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