By Sidney Kess and Julie Welch
The CPA Journal
April 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act has many provisions relating to financial planning, especially retirement planning with IRAs and employer-sponsored plans. Among the provisions attracting the most attention is the curtailing of “stretched” inherited retirement assets. While the SECURE Act eliminates the stretch for most beneficiaries, it keeps the stretch opportunity intact for the plan participant’s surviving spouse. This article is a roundup of the many provisions of the SECURE Act and changes.
Published with permission from The CPA Journal.
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