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How are IRAs being changed? [View all]
My husband has a traditional IRA (rolled over from his 401k) and we each have Roth IRAs. Recently we received letters from our financial advisor telling us that there are changes coming to IRAs. Ours are grandfathered in, but if we still wanted to make contributions to them, we had to set that up by June 8 of this year. There are some other details that we did not discuss since they don't apply to us but I started wondering.
What changes are being made to IRAs this year? Are they going to make it harder to contribute? What is going on with these changes?
7 replies
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