The long-awaited Setting Every Community Up for Retirement Enhancement (SECURE) Act has been passed by Congress and signed by President Trump – and several of its many provisions affecting 401(k)s, IRAs, annuities and more take effect as soon as 2020 begins. So what are the new rules of retirement saving? Today’s article outlines some of the most important provisions of the SECURE Act, including changes to the rules governing required minimum distributions (RMDs) which one retirement expert states “could provide tax benefits to some and tax hurdles for others”. For more, CLICK HERE.
