2. In addition, discuss your opinion on when it may make sense to use life insurance in a qualified retirement plan and why. Or Explain your opinion on when life insurance is a bad idea in a qualified plan and why.

3. The rules for IRA distributions are complex and include penalties for early distributions and inadequate RMDs. The SECURE Act made some changes such as exempting withdrawals of up to $5,000 for the birth or adoption of a child from the the 10% premature withdrawal penalty. The CARES Act also made some changes, but those are temporary.