How Will SECURE 2.0 Have an effect on You?

Estimated read time 8 min read

Echo Huang, CFP

The Set All Communities for Wellness in Retirement (SECURE) Act, handed in December 2019, has caused a significant shift within the retirement planning panorama. These modifications included the elimination of the “stretch” IRA, elevating the minimal required distribution (RMD) age to 72, and provisions designed to encourage better participation in office retirement plans. It was In December 2022, Congress handed his SECURE 2.0 legislation. This makes retirement plans much more impactful than his authentic SECURE Act.

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