Changes on Capitol Hill and Your Retirement Plan

Andrew Busa, MSPFP, CFP^®, MPAS^®, CCFC

Director of Financial Planning

In our latest Adviser Takeaway video, Manager of Financial Planning Andrew Busa explains how the end of an election year often results in a rush of last-minute lawmaking on Capitol Hill. The passing of the SECURE Act in 2019 is just one such impactful example. Andrew discusses how the proposed SECURE Act 2.0 could shake things up for retirees this year. He dives into how it could impact your retirement plan if passed, including possible changes to the age when you have to take required minimum distributionsA required minimum distribution is the amount of money that must be withdrawn each year from tax-deferred retirement accounts once the beneficiary reaches retirement age (72, according to IRS rules). (RMDs). If you have questions for Andrew or the Adviser team, please send them to info@adviserinvestments.com.