What Is the SECURE Act and How Could It Affect Your Retirement?
The Setting Every Community Up for Retirement Enhancement Act of 2019, better known as the SECURE Act, which originally passed the House in July, was approved by the Senate on December 19, 2019, as part of an end-of-year appropriations act and accompanying tax measure, and signed into law on December 20 by President Donald Trump. The far-reaching bill includes significant provisions aimed at increasing access to tax-advantaged accounts and preventing older Americans from outliving their assets.
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