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Many advisors have heard that the SECURE Act is the most important retirement legislation in over 10 years. Hard to argue with that — besides having a long name* that sounds like it was created after the acronym was, SECURE is packed with details, from the simple to potentially industry-changing ones.

To add to the confusion, Congress passed it in a last-minute deal near the end of December 2019. So quite a few people were taken by surprise when some of SECURE’s provisions went into effect immediately on January 1, 2020.

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C.J. Marwitz

C.J. Marwitz is a writer and editor.

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