The SECURE Act Passed - Now What?

On This Episode:

After it simmered in Congress for a year, the SECURE Act is now law. If you have a retirement account of any kind, or will one day inherit a retirement account, this will affect you. Matt will hit the main points of this new bill and how it will change retirement planning.

Show Notes:

0:58 - The SECURE Act

1:23 - Death Of The Stretch IRA

2:14 - Small Businesses And Retirement Plans

2:48 - Required Minimum Distribution Change

3:38 - 10 Year Window Eliminated

5:36 - Multiple Beneficiaries

6:41 - Trusts Cannot Be A Contingent Beneficiary For An IRA

8:49 - Life Insurance As An Alternative Solution

14:17 - Mailbag Question from Emily: "Did 401 (k) Contributions Go Up?"