• The SECURE Act

  • Mar 20 2020
  • Length: 16 mins
  • Podcast

The SECURE Act

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  • Summary

  • The SECURE Act was signed into law December 20th, taking effect on January 1st of this year. Some of the key changes for your financial fitness and future include:

    • Increasing the age for Required Minimum Distributions (RMD's) from 70.5 to 72.
    • Capping the length of the so-called "Stretch IRA" at 10 years.
    • 401k plans being offered as an annuity.

    Phillip Board of 1 on 1 Financial joins Jon Gay to explain each of these top-line items and how they will affect you in retirement.

    Resources:
    1 on 1 Financial Website
    Email 1 on 1 Financial
    Call 1 on 1 Financial at 909-981-1720
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