Annuity SECURE 2.0 Boost, Critical Retirement Income Planning, $750 Million Jackpot Tax

A Financial Review in Early 2023 Can Optimize Your Strategy | SECURE 2.0 Act Gives This Annuity a Boost | Need an Estate Planning Checkup? Now Is the Perfect Time Created for {EMAIL} | [Web Version]( February 7, 2023 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Youtube]( [Instagram]( [SIGN UP]( ⋅ [WEBSITE]( [] Top story [] [A Financial Review in Early 2023 Can Optimize Your Strategy]( [A Financial Review in Early 2023 Can Optimize Your Strategy]( (Getty Images) The beginning of the year is a good time to do a financial review, especially after last year’s ups and downs. The economic and financial outlook has changed dramatically but you can still find new opportunities and reduce your risk. Retirement income expert Ken Nuss [lists several tips to do so](. [] Retirement [] [SECURE 2.0 Act Gives This Annuity a Boost]( [SECURE 2.0 Act Gives This Annuity a Boost]( (Getty Images) Because of the new legislation, you can now reduce the tax exposure that comes with RMDs and increase guaranteed lifetime income with a qualifying longevity annuity contract. [Find out how here](. [Retire and inspire. One IRA at a time.]( When you open a Domini IRA, not only do you help create positive social and environmental outcomes but it also helps you reach your retirement goals. Together, we can invest in a way that inspires people, planet, communities, and better futures. Open or roll over an IRA with Domini. [Explore the Domini Impact Equity Fund.]( ADVERTISEMENT [] Estate Planning [] [Need an Estate Planning Checkup? Now Is the Perfect Time]( [Need an Estate Planning Checkup? Now Is the Perfect Time]( (Getty Images) While you're doing a financial review, you might want to make an appointment with your estate planning attorney to address any issues that have crept up. Attorney Jack Hales Jr. [breaks down what you should expect and what changes might need to be made](. [] Retirement Planning [] [A Retirement Income Distribution Plan Is as Critical as Saving]( [A Retirement Income Distribution Plan Is as Critical as Saving]( (Getty Images) Designing a strategy to efficiently use your retirement savings is a critical step on your retirement planning journey to maximize your income and ensure a long-lasting retirement. Bradley Rosen, president of Longevity Financial, [explains how this is done](. [New Year, New You: Take Care Of Your Mental Health]( BetterHelp is the largest online therapy platform. Take a quick quiz and get matched to a therapist within 48 hours. Join 3.5 million others and save over $50 today! [READ MORE]( ADVERTISEMENT [] State Tax [] [$750 Million Powerball Jackpot Would Come With a Massive Tax Bill]( If someone wins the jackpot, the federal government will get a massive chunk of the prize from taxes. But how much? [Read More]( [] Home Savings [] [The Best Thermostat Setting to Save Money]( How to save money while staying warm becomes a more urgent question for many Americans as energy prices rise and temperatures fall each winter. Switching to the ideal thermostat setting can keep your home cozy while cutting your energy bill. [Read More]( [Can you benefit from working with a Vanguard advisor?]( Our advisors are fiduciaries, and they don't earn commissions--so you can trust they'll always put your interests first. You get advice that's tailored to your unique goals. [Take the first step with Vanguard today.]( Paid non-client promotion ADVERTISEMENT ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](mailto:mailto:alerts@kiplinger.com) | [ADVERTISE]( Future US LLC © Full 7th Floor, 130 West 42nd Street, New York, NY, 10036