This is the first in a series of articles on the retirement plan changes that are part of the SECURE Act.
The $1.4 trillion appropriations package signed into law by President Trump on December 20, 2019 designed to fund federal agencies through September of this year contained the most significant legislative enhancements to retirement plans in over 10 years.
These law changes designed to encourage retirement savings are bundled up in one of those Congressional legislative acronyms, the SECURE Act, which is political short hand for the Setting Every Community Up for Retirement Enhancement Act. I’ll be covering the most significant ones in later blog posts, but for now, here’s a summary of two tax credits you may find valuable. Continue Reading