On December 20, 2019, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed into law by President Trump. The SECURE Act makes some really big changes to the way that retirement accounts must be distributed—especially after the original account holder passes away. Most of these changes become effective on January 1, 2020.
Age to Contribute and Start Required Minimum Distributions (RMD). Prior to the SECURE Act, no one could make contributions