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Many advisors have heard that the SECURE Act is the mostimportant retirement legislation in over 10 years. Hard to arguewith that — besides having a long name* that sounds like it wascreated after the acronym was, SECURE is packed with details, fromthe simple to potentially industry-changing ones.
To add to the confusion, Congress passed it in a last-minutedeal near the end of December 2019. So quite a few people weretaken by surprise when some of SECURE's provisions went into effectimmediately on January 1, 2020.
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