What you need to know about the SECURE Act
On December 20, 2019, the SECURE Act (“Setting Every Community Up for Retirement Enhancement Act of 2019”) became law when the appropriations bill known as the “Further Consolidated Appropriations Act of 2020” was signed by President Trump.
The SECURE Act aims to expand and preserve retirement savings, making it easier for individuals to participate in a plan, and to maintain plan savings longer. It also incentivizes employers to offer retirement plans, including several new tax credits. The bill includes several provisions to help improve certain plan administration requirements.
Resources and articles on topics related to the SECURE Act are linked below.