Secure Act

Some Important Tax Changes from the Secure Act

Some Important Tax Changes from the Secure Act

For tax years beginning with 2020, the Setting Every Community Up for Retirement Enhancement Act, “The Secure Act” will help many individuals increase their retirement savings.  It also includes other significant tax changes that will affect retirement income distribution amounts as well as tax and estate planning considerations.  This article also covers who is affected and what has changed in some specific areas of interest.