By 2022’s close, SECURE 2.0 had been formally enacted as law. These laws will affect retirement savings for workers of all ages. The second edition of the SECURE Act (Setting Every Community Up for Retirement Enhancement) aims to build on the successes of the first. Find out more about SECURE 2.0’s impact on retirement planning.
Tag: RMDs
New IRS Rule Affects Required Minimum Distributions
The government knows Americans live longer than they did a decade ago, which will be reflected in the required withdrawal amounts from retirement funds at various ages beginning in 2022.