How Does the Passing of the SECURE Act Affect Your Retirement?

​The Setting Every Community Up for Retirement Enhancement (SECURE) Act is a bipartisan bill designed to address Americans' difficulty in saving and investing for retirement. The bill passed the House of Representatives in a 417-3 vote in July and the Senate in a 71-23 vote in December.  The President signed the SECURE Act into law last Friday as part of the government’s overall spending bill.  The bill seeks to put into place provisions to strengthen retirement security across the country.  Listed below are some of the major changes and how they may affect your retirement plan.

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