26 min
How the SECURE Act Affects You Managing Your Financial Future with Lucia Capital Group
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- Business
The SECURE Act, passed by Congress at the end of 2019 and effective on January 1, 2020, provides several reforms to 401(k) accounts, IRAs, college savings accounts, and more. A couple of long-standing rules, including the age at which most people must begin taking their required minimum distributions, were amended. These changes created both opportunities and obstacles for people who are making plans for retirement, as well as for those with legacy plans for heirs.What do you need to know? What important changes were made that could directly affect you, your spouse, and your ultimate heirs? Find out on this week's episode of Managing Your Financial Future.See omnystudio.com/policies/listener for privacy information.
The SECURE Act, passed by Congress at the end of 2019 and effective on January 1, 2020, provides several reforms to 401(k) accounts, IRAs, college savings accounts, and more. A couple of long-standing rules, including the age at which most people must begin taking their required minimum distributions, were amended. These changes created both opportunities and obstacles for people who are making plans for retirement, as well as for those with legacy plans for heirs.What do you need to know? What important changes were made that could directly affect you, your spouse, and your ultimate heirs? Find out on this week's episode of Managing Your Financial Future.See omnystudio.com/policies/listener for privacy information.
26 min