Secure Act 2.0
Just prior to the holiday weekend, the House and the Senate jointly passed a new bill that modifies many tax and retirement laws. This Bill is referred to as Secure Act 2.0, and is the “follow on” legislation to Secure Act 1.0 which became law in December of 2019.
The SECURE 2.0 Act, which is expected to be signed into law, includes a range of changes that are intended to improve the stability and security of the retirement system, as well as help Americans feel more financially prepared for retirement.
