The SECURE Act – Its Impact on Retirement Accounts, Estate Planning and Beneficiaries
What happened? On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”). The SECURE Act, effective January 1, 2020, significantly affects many clients’ estate plans, especially as it relates to retirement accounts and beneficiary designations. Existing estate plans may be outdated due to […]