As property values in Montana have risen in recent years, many homeowners have found themselves in the difficult position of being house rich but cash poor.
When state lawmakers convene next month for the 2017 legislative session, AARP Texas will pursue an agenda that includes strengthening nursing home quality, easing stress for family caregivers, helping millions of Texans save for retirement, and protecting seniors from financial exploitation.
The SECURE 2.0 Act of 2022 introduced major updates to retirement savings, offering greater flexibility for individuals managing their 401(k) plans. These changes, effective in 2024, allow easier access to retirement funds for emergencies and adjust required minimum distribution (RMD) rules. While the updates are helpful, it’s important to weigh the long-term impact of these decisions on your financial future.