Just before 2019 ended, Congress surprised us by approving the Setting Every Community Up for Retirement Enhancement Act of 2019, otherwise known as the SECURE Act.

This new act will majorly change the way that pre-retirees and retirees handle their retirement plans moving forward.

In this webinar, Oakmont’s David Hicks provides an overview of the SECURE Act and 4 key ways it could affect your retirement.

Click below to watch the replay or view the slides.

 

Webinar Timestamps

Introduction

00:10 Who will be affected by the SECURE Act?

01:25 What is the SECURE Act and why was it created?

4 Major Changes to Your Retirement

03:50 Changes to the Required Minimum Distribution (RMD) Age + Examples and Scenarios

08:57 Changes to Inherited IRA Rules

16:25 Changes to IRA Contributions Age Restrictions
17:53 Changes to 401(k) Plans

What Now?

19:51 Resources and Next Steps

Resources

• The Setting Every Community Up for Retirement Enhancement Act of 2019 (The SECURE Act) by the House Committee on Ways and Means – A section-by-section breakdown of the SECURE Act from the government
• Securermd.com – Information on how your RMDs will be affected by the SECURE Act

Schedule a 15-Minute Chat

Have more questions about how the SECURE Act will affect you? Would you like to discuss changes to your retirement plan?

Click here to schedule a complimentary 15-minute phone chat with David.