Passage of the SECURE Act Brings Sweeping Changes to Retirement Benefits Planning
The Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law by the President on December 20, 2019 and implements major changes concerning retirement accounts such as traditional IRA, Roth IRA, 401(k) and 403(b) accounts. The SECURE Act raises the age for beginning required minimum distributions (“RMDs”) to age 72 from age … Read more