You might hear a little extra grumbling from your well-heeled neighbors during future tax seasons. The federal Secure Act 2.0 of 2022, signed into law last December, contains a provision that left some high-earning folks shaking their fists at Congress. Under the provision, which takes effect in January 2024, savers age 50 and older who earned $145,000 or more in wages in the prior year no longer…
Read the full article here