TER General Board

[Trillions of dollars] Inherited IRAs changes impacting hobby prices.
DaveMogal 74 Reviews 950 reads
posted

IN addition to inflation the secure act change made changes where withdrawals from inherited IRAs must happen 10 years from the date of death (if death of the IRA owner happens after 12/31/2019).  Some of this money will flow to the hobby., because hobbyists will not have the self-control on the urge to splurge.  

As word gets out prices will continue to climb for the hobby, and possibly many more women will come out of the woodworks to increase the supply of providers.  Trillions are dollars are being transferred to the next generation(s).

Thanks for sharing. Another great reason to have VIP membership here on TER. Hopefully, people will utilize this site as tool & choose providers that are honest.

I took my 10K out and reinvested it , gotta think long term, kids.

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