SECURE ACT 12/19/19
Thank you for the opportunity to speak with your group. I look forward to April 1st. I will be giving a quick introduction to myself and the organization I work with and then I will speak about he SECURE ACT that was passed on 12/19/19. I will review both the individual side as well as the business side of the ACT. I will discuss the changes to Required Minimum Distribution age, the elimination of the Stretch IRA, and the changes to Traditional IRA Contribution limits for the individual side of the SECURE ACT. I will discuss the changes regarding Small Business Tax Credits, Pooling Retirement Plans, and Annuity Offerings within group retirement plans for the business side of the SECURE ACT. I will leave a couple of minutes at the end for any questions that your members may have. I will have a few slides to share regarding the SECURE ACT and the last slide will have my contact information on it for anyone who would like to follow up with me afterwards.
300 Westage Business Center Drive
Suite #370
Fishkill, NY 12524
Phone: (845) 875-6514
Assistant: (845) 368-2909
Fax: (845) 517-6104
Email: bcovert@1879advisors.com
Bryan Covert serves as an Investment Consultant at 1879
Advisors, working with the Investment Committee and dedicated
to customizing portfolios in order to help his clients reach their
financial goals.
Because each client’s circumstances and aspirations are unique, he conducts an indepth
and comprehensive interview process to ensure that his clients’ top concerns
are addressed, and that their resources are being put to their best possible use.
Markets are moving faster than ever these days, and all the noise and conflicting
opinions can make it difficult for anyone to understand what to do or how to invest.
That’s why he believes that one of the most important job functions he has is to
listen. Knowing what a client hopes to achieve, and respecting their tolerance for
risk and complexity, is the first step any financial advisor needs to take if they hope
to act in the best interest of their clients.
Mr. Covert began his career as a financial professional at Prudential, advising
his clients on how best to achieve their short and long-term financial goals. The
strategies he developed were designed to maximize tax efficiency and generate
income, while remaining flexible enough to adjust to changing market conditions
or major life changes.
Mr. Covert earned a B.A. in Economics from Binghamton University and holds his
Series 6, 7, 63 and 65 securities registrations. He holds his Health Life and Accident
license as well as National Social Security Certification. Mr. Covert is also an active
member of the Rockland Business Association and Business Network International
Organization. While not working, he enjoys spending time with his son, testing his
physical endurance with obstacle challenges, enjoying the outdoors and playing
golf.
“Let me help eliminate financial blind spots from your portfolio.”