SECURE Act Prevents IRAs From Being Passed On (Audio: Interview)

The SECURE Act, which has passed the House and is expected to sail through the Senate,  contains a harmful financing mechanism that will prevent IRAs from being passed on to the next generation. In an interview with KMED’s Bill Meyer in Medford, Oregon, IPI’s Tom Giovanetti says the legislation helps the government fund its debt at the expense of your children by forcing beneficiaries to empty all inherited IRAs within 10 years.