It’s the first major piece of retirement legislation in more than a decade. The SECURE Act impacts anyone with an IRA or 401(k). Financial professional Matt Schwartz spoke with Channel 5 Eyewitness News about the changes.
-RMD Age Increases to 72
-IRA Contributions at Any Age
-401(k) Options Expanded
-Penalty-Free Withdrawals for New Parents
-Stretch IRA Eliminated