Congress is coming for your money

Thinker101

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Mar 25, 2017
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Like grave robbers opening King Tut’s tomb, Congress can’t wait to get its hands on America’s retirement-account assets. The House passed the Setting Every Community Up for Retirement Enhancement Act, known by the acronym Secure, in May. The vote was 417-3. The Secure Act is widely expected to pass the Senate by unanimous consent.

Opinion | Congress Is Coming for Your IRA
 
The link requires a paid subscription. Please be mindful of that when posting links here. It's also an opinion piece, so it isn't exactly 'truth'.
 
To what extent is the Secure Act targeting inherited (as opposed to earned) wealth?

Beware, the IRS is eyeing your inherited money

"One of the perils of being well-off is the constant risk that the federal government and/or your friendly state and local tax collectors will figure out new and different ways to snatch more of your wealth. Especially wealth that you earned the old-fashioned way: by inheriting it. To raise your paranoia to the appropriate level, here are two new things to worry about."
 

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