The Kiddie Tax, Tax Rates Influenced by the SECURE Act, and Tax Strategies: Q&A #2005

February 1, 2020

The Kiddie Tax, Tax Rates Influenced by the SECURE Act, and Tax Strategies: Q&A #2005

The newest member of our tax team, Bob Palechek, is today’s guest speaker–together he with Jim and Chris discuss an update on the Kiddie Tax, as well as other tax questions from listeners.

(17:00) Jim, Chris, and Bob discuss an update on how the SECURE Act affected the Kiddie Tax.

(39:00) A listener would like clarification on what tax rate is affected due to the SECURE Act: just inherited IRA income, or all earned income?

(58:00) Listeners from western New York would like input on which tax strategy to follow: should they put money into a Roth plan, or a tax deferred plan?

Check out the background of firms and investment professionals on SEC’s Adviser Info Page.

Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Ed Slott Advisor recognition requires an advisor to be well versed on the rules and regulations regarding IRAs. The advisor must attend two live training sessions and pass two written exams annually to remain in the program. Jim Saulnier & Associates, LLC (“RIA Firm”) is a registered investment adviser located in Fort Collins, CO. Jim Saulnier & Associates, LLC may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Current registered states: CA, CO, PA, TX, WA, IL Insurance products and services are offered and sold through James H. Saulnier, a Colorado licensed insurance producer, only in those states in which he is reciprocally licensed or qualifies for an exemption or exclusion from licensing requirements. Current reciprocal insurance licensing in these states: AZ, CA, CA, CN, FL, HI, IA, MA, MD, NY, PA, SC, TN, TX, VA, WA, WI, WY Click here for a more detailed disclosure.