About Us SECURE Act 2019

Significant Changes to Retirement Plans: What You Need to Know

The Senate recently passed a spending bill, which includes a variety of changes for people with retirement accounts.

Key takeaways
  • Elimination of the age limit on traditional IRA contributions. Traditional IRA contributions may now continue past age 70 ½.
  • Age to start taking Required Minimum Distributions (RMDs) in now 72 (previously 70 ½).

Read a SECURE Act summary here.