The SECURE Act took effect to start 2020 and it's the first significant retirement legislation in many years. Let's look at the key changes to retirement planning and how it might impact your future.

Read more and get additional financial resources here: https://retirementhuddle.com/podcast/ep-5-how-the-secure-act-impacts-your-retirement/150/

Today's show schedule:

1:07 – RMD age moves from 70.5 to 72. There are some important points to know.

3:41 – There's now no age limit on IRA contributions as long as you have earned income.

4:47 – Inherited retirement accounts now have to be distributed within 10 years.

7:46 – Penalty-free withdrawals from retirement accounts up to a certain amount for new parents.

8:54 – There are now more 401k options for small businesses out there.

9:44 – These are all great things to review with an advisor.