As has become usual practice, Congress passed some meaningful tax legislation as it recessed for the holidays.
In one of the new meaningful laws, passed by Congress on December 19 and signed into law by the President on December 20, you find the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act).
The SECURE Act made many changes to how you save money for your retirement, how you use your money in retirement, and how you can better use your Section 529 plans.
Whether you are age 35 or 75—these changes affect you.
We’ll give you the most significant changes you need to know about when you read the article. ... Log in to view full article.