On this episode of the Planned Solutions Financial Review Podcast we discuss, The SECURE Act has passed the House of Representatives and is expected to be taken up by theSenate. The bill would make a number of changes toperson finance laws and regulations which may havean impact on financial planning now and in the future. And, Earthquake insurance is not covered by traditionalhomeowner’s insurance policies. Instead,protection against earthquake damage requires aseparate policy that comes with a number of limitsand details that differ from those of traditionalpolicies. These factors can make earthquakeinsurance quite expensive but my be the onlyfinancial recourse an individual may have if theirproperty is damaged by an earthquake. Also,Under the IRS gift tax regimeevery individual can gift up to$11.4 million (2019 limit) duringtheir lifetime without paying gifttax. However, gifts in excess of$15,000 per year to any oneindividual still requires that theperson giving the gift file a gifttax return, even if no tax will bedue. However, there are someexceptions which with carefulplanning may allow anindividual to make gifts in excessof the limit while still avoidingthe administrative time and costof filing a gift tax return. Plus a look at the Planned Solutions Incorporated Office Bulletin Board- The Harlan D. Wood Memorial Cancer Charity Golf Tournament is just three months away. We hope you will sign up to attend or support the cause by donating to a cancer charity of your choice.Date: September 6th, 2019Location: Rancho Murieta Country Club – North Course 7000 Alameda Drive Rancho Murieta, CA 95683Time: 9am shotgun start, All profits go to cancer research and education. You can help by attending the tournament or donating. Not golfing? Bring friends and attend the BBQ.To subscribe or unsubscribe to the Personal Finance Review (the written form of all the content we discuss on the podcast) please e-mail [email protected]The Personal Finance Review is published and distributed on a biweekly basis by Planned Solutions, Inc. for informational purposes only. Please seek the advice of a qualified financial planner before taking any action. Planned Solutions, Inc.ADDRESS: PHONE:1130 Iron Point Road, Suite 170 (916) 361-0100Folsom, CA 95630 (800) 750-2111E-MAIL: FAX:[email protected] (916) 361-0191 WEB SITE:www.PlannedSolutions.com#finance #invest #investment #stocks #interestrate #bonds