The Secure Act went into effect on January 1, 2020. This act changed the beneficiary distribution rules on many retirement accounts including 401(k), 403(b), Traditional and Roth IRA accounts. This blog will help clarify those rules through several examples....
Many people are confused about whether they can contribute to their plan or when they have to start plan distributions once they reach age 72. Listed below are the common retirement plans in use by most people today and a summary of the respective plan contribution...
