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How Will SECURE 2.0 Affect You?

Funviralpark 1 year ago 0 5

Echo Huang, CFP

The Set All Communities for Wellness in Retirement (SECURE) Act, passed in December 2019, has brought about a major shift in the retirement planning landscape. These changes included the elimination of the “stretch” IRA, raising the minimum required distribution (RMD) age to 72, and provisions designed to encourage greater participation in workplace retirement plans. It was In December 2022, Congress passed his SECURE 2.0 law. This makes retirement plans even more impactful than his original SECURE Act.

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