March 16

The SECURE Act – Estate Planning

The “Setting Every Community Up for Retirement Enhancement Act of 2019” (“The SECURE Act”) was signed by President Trump on December 20th, 2019, as part of a larger spending bill known as the “Further Consolidated Appropriations Act, 2020.” Probably the most important change for retirement plans is that many inherited retirement accounts will have to be paid out to the beneficiary over a much shorter period of time.