In July of 2019, the Setting Every Community Up for Retirement Enhancement Act, also known as the SECURE Act, changed the rules pertaining to 401(k), Roth, IRA, and other retirement.
The rules on inherited defined contribution plans (not just IRAs) seem like a moving target, but here’s what you need to know (as the rules stand now). In December 2019, the SECURE Act (version 1.0) flew through the House and Senate, attached to an appropriations bill. The measure, which stands for Setting Every Community Up for Retirement Enhancement, was the biggest piece of retirement legislation enacted since the Pension Protection Act of 2006. Convinced of this, I cleared my schedule to stu
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