On December 20, 2019, Congress introduced a new act called the Setting Every Community Up for Retirement Enhancement Act — also known as the SECURE Act.
How might this new act affect Americans as they plan for the retirements they desire?
Today, Carl Coolidge answers this question by exploring the SECURE Act’s biggest changes — and what these changes mean for most Americans.
In this episode, you’ll learn:
-How the required minimum distributions (RMDs) have changed
-New distribution rules for IRA beneficiaries
-How the act is encouraging more people to participate in retirement plans
-How the SECURE Act will change the Jacobs, Coolidge & Company’s planning process
Tune in now to learn about the bigger changes that were introduced by the SECURE Act and how they might impact your planning process.