January 28, 2020

The SECURE Act Changes the Rules Governing Inherited Retirement Accounts

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On December 20, 2019, President Trump signed into law an appropriations bill that made a number of changes to the federal tax code. A portion of the bill, known as the Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”), made extensive changes to the treatment of tax-favored retirement plans and individual retirement accounts.

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