Home Quicken for Windows Product Ideas - Quicken for Windows Budgeting and Planning Tools (Windows)

Update Lifetime Planner to Reflect Changes to IRA Handling due to SECURE Act

ScooterlamScooterlam SuperUser ✭✭✭✭✭
The SECURE Act, recently signed into law, makes some important changes to retirement plans.  There is one, maybe two changes found in the ACT that impact Lifetime Planner.   These changes only apply to the US Quicken version.

1.   The Act moves the age required to begin RMDs from 70½ to 72 - For sure a change needed in LTP.    Ensure that both current retirees and future retirees are considered in the update.

2.   The Act allows IRA contributions after 70½ - Maybe a change needed in LTP?  I haven't yet tested if there are age limitations imposed in Quicken re: contributions.

Are there other parts of Quicken impacted?  Tax Planner?

Please vote!
24
24 votes

New · Last Updated

Comments

Sign In or Register to comment.