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If you own a 529 college savings account, 401(k), IRA or inherited IRA, then you may notice some changes this year and beyond. The SECURE ACT was passed by congress and signed by President Trump late last year. It laid out some sweeping changes for retirement accounts and college savings accounts which began January 1st, 2020.
In this episode, Rockie breaks down the biggest changes that will likely affect the lot of investors, both young and old.
Sources:
https://www.investopedia.com/what-is-secure-act-how-affect-retirement-4692743
By Rockie Zeigler IIIIf you own a 529 college savings account, 401(k), IRA or inherited IRA, then you may notice some changes this year and beyond. The SECURE ACT was passed by congress and signed by President Trump late last year. It laid out some sweeping changes for retirement accounts and college savings accounts which began January 1st, 2020.
In this episode, Rockie breaks down the biggest changes that will likely affect the lot of investors, both young and old.
Sources:
https://www.investopedia.com/what-is-secure-act-how-affect-retirement-4692743