There are some game changers in the SECURE ACT you should know about.

On December 20, 2019, the SECURE Act was signed into law by President Donald Trump and contains 29 different provisions, encompassing many aspects of retirement saving and financial planning. Change in the SECURE Act.

There are many new critical provisions of the SECURE ACT. Still, the one that has the most significant impact on your retirement here in The Villages is the delay of the age for required minimum distributions (RMDs) from 70½ to 72. This favorable development only applies to people who reach 70 1/2 after 2019. If you turned 70 1/2 in 2019 or earlier, you're unaffected. If you will turn 70 1/2 in 2020 or later, you won't need to begin taking RMDs until after reaching age 72. If you're still working after reaching the magic age and you don't own over 5% of the employer, you can delay taking RMDs from your employer's plan until after you've retired.

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What Trade War With China Means For Retirement.

One of the hottest topics in politics right now is the possibility of a trade war between the U.S. and China. What Trade War With China Means For Retirement.As a nation, Americans know that this is not a positive thing, but most don't understand how it will personally affect them. One of the main things caught in the crossfires of a potential trade war is the status of many American's 401K which is leaving many retirees and likely retirees wondering what's this going to mean for their retirement.

The stock market has seen some better times, and though they've seen much worse in history, it's not looking promising for those looking forward to retirement. U.S. stocks have been down significantly (around $1.3 trillion in value) since President Trump announced a threat to impose a 10% tariff on an additional $300 billion in Chinese import (Gandel; CBS News). With this tariff imposed, it's stopping overseas sales which many companies rely on to make a substantial profit.

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It's a bad idea to depend on Social Security as a retirement plan.

Designed as a security net for seniors, Social Security does not work alone as a retirement plan. Don't depend on Social Security as your retirement plan. If you've decided to rely solely on Social Security benefits in your elderly years, you're most certainly bound to find yourself in dire financial straits.

The average monthly benefit payment from Social Security is currently $1404. Some seniors would receive a more substantial benefit if they paid more into the system, while others receive much less. Social Security alone puts nearly all seniors who depend on it solely, very close to the individual poverty level.

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What to expect during peak hurricane season in The Villages community.

By: Laurel Nendza

Florida is known for beautiful white sand beaches, Disney World, and a laid back lifestyle. What to expect during hurricane season in The Villages, Florida. But unfortunately, Florida has a scary side that shows itself every couple of years. Hurricanes in Florida can create costly damage and threaten lives up and down the Sunshine State.

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