Secure Act: New Rules for Retirement Plans
The rules for tax-deferred retirement accounts are changing as of January 1st. A new law called the SECURE Act takes effect on January 1st. It was signed into law by President Trump as part of the 2020 government spending bill. Investment advisers say it will allow more U.S. workers to participate in these plans. There’s also a bit of bad news for people who will inherit an IRA. www.NewsForInvestors.com
