SECURE Act - How does it affect individual retirement accounts?
Key provisions of the SECURE Act include some unique to individual retirement accounts.
By Robert Browning|April 29, 2020 at 08:45 AM
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This is the sixth in a series of articles describing key provisions of the SECURE Act, this one with a focus on provisions unique to Individual Retirement Accounts. This legislation includes almost 30 changes that are intended to promote the adoption of employer-sponsored retirement plans, facilitate lifetime income options, and lessen administrative burdens. Employers must modify certain aspects of plan administration (and potentially financial planning decisions) to align with the SECURE Act’s more immediate changes.
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