Recent legislation could affect you in 4 broad areas of your retirement planning...

1. Required Minimum Distribution Relief for Retirement Plans: The new rule pushes the RMD start date for most situations out until age 72 instead of 70 1/2.

2. Additional Roth Conversion Planning Opportunities: You get an additional two years to do what are known as Roth conversions. Roth conversions can allow you to convert taxable money in an IRA into a Roth IRA at lower tax rates.

3. Increased Tax Advantaged Savings Opportunities: If you are working into your 70s, you can still put money into your deductible IRA.

4. Review Your Beneficiary Designations: The new rules also removed most so-called "stretch" provisions for beneficiaries of IRAs and 401(k)s.

“Who is rich? He that rejoices in his portion.”

Ben Franklin. 

“Diversify your investments, for you do not know what risks might lie ahead.”

King Solomon.