What is the SECURE Act? And how does it impact your retirement plans? We’ll outline some of the major changes you need to be aware of in this two-part series.
Show notes and additional resources: http://petersonfg.com/understanding-the-secure-act-part-1/
Today's rundown:
0:48 - The SECURE Act passed, so what does that mean?
2:17 - The RMD age was raised to 72 years old.
4:26 - If you began taking RMDs in 2019, do you have to keep with it?
5:43 - What can you do with your RMD?
8:01 - The contribution age limit was also eliminated with the SECURE Act.
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