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Understanding the SECURE Act: What it is and how it will impact you

The SECURE Act was passed as part of the spending bill in late 2019 and there are nearly 30 new provisions or major changes that will impact nearly everyone – recent retirees, employers, advisors, full-time employees and part-time employees. Get a plan: annexwealth.com/get-started... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA The SECURE Act, also known as the Setting Every Community Up for Retirement Enhancement Act, was signed into law in December 2019 and aims to make significant changes to retirement plans for individuals across the United States. This article will provide an overview of the SECURE Act and highlight how it may affect you and your retirement savings. One of the key features of the SECURE Act is an increase in the required minimum distribution (RMD) age. Previously, individuals were required to begin taking withdrawal