The SECURE Act
How The SECURE Act May Affect Your Retirement
In late December 2019, President Trump signed into law the SECURE Act, the most sweeping retirement account legislation passed in close to 20 years. The most significant changes that affect retirees include raising the age for Required Minimum Distributions (RMDs) for retirement accounts, and changing how retirement accounts are inherited by your heirs. The SECURE Act also intends to make retirement plans more accessible for younger workers.
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