SECURE Act Changes Ahead
Posted on December 20, 2019
Effective January 1, 2020, there will be some big changes for retirement planning due to the SECURE Act that was recently passed. Richmond Brothers is up to speed on all of the changes and we will continue providing our extended family of clients with updates and education for each unique planning situation. Watch the video above for some more insights from Ed Slott Master Elite IRA Group Member and CFP, Dan Vredeveld.
As a quick overview, the SECURE Act:
Eliminates the age limit for making traditional IRA contributions
Increases the RMD age to 72