Here’s what you need to know about The SECURE Act 2.0 - some of the highlights.

Even though you are eligible for Medicare at age 65, you may choose to continue using your employer’s health insurance and saving to an HSA. While nearly everyone assumes that the minute you switch to Medicare is when you should stop contributing to the HSA - it doesn’t work that way. There is a 6-month lookback period when you enroll in Medicare at age 65 or later (not to precede the month of your 65th birthday). Therefore, if you plan on enrolling in Medicare, you have to stop contributing to the HSA 6 months prior or you may have to remove excess contributions, pay a penalty, or amend your tax return.

Don’t panic if you are denied life insurance. Here is a list of your next steps.

Because things are “frozen” in a sense while the divorce process is ongoing, it is a valid concern that your soon-to-be ex-spouse could receive your share of assets if something happens to you. From the law’s perspective, if you die before the divorce is final, your spouse is still considered the surviving spouse even though you were in the middle of a divorce.

Cash has a place in a portfolio, however, too much cash is not a good thing.