The Secure Act: Recent changes to IRA and qualified retirement account distribution rules

Updated: Aug 18, 2020

The Setting Every Community Up for Retirement Enhancement (SECURE) Act (“Act”) was signed into law on December 20, 2019, and went into effect on January 1, 2020. The Act changes the required minimum distribution (RMD) rules for IRAs and qualified retirement accounts (“Accounts”) and increases the age at which Account owners are required to begin taking RMDs (required beginning date or RBD) from age 70 ½ to age 72. This change applies to individuals who will attain the age of 70 ½ on or after January 1, 2020.

Read the full article here.

1 view0 comments

Recent Posts

See All

© Law Exchange International 2021

Web Design by

Web and Graphic Design near Grand Rapids


David Lindgren

Shakespeare House

42 Newmarket Road

Cambridge CB5 8EP


Connect with LEI

  • White Facebook Icon
  • White Twitter Icon
  • White LinkedIn Icon

Add on Facebook

Add on Twitter

Add on LinkedIn