The SECURE Act was drafted to assist in saving and investing for retirement. It contains provisions to incentivize retirement planning, diversify options for savers, and increase access to tax-advantaged savings programs. This course presents an overview of the legislation, focusing on key changes to laws and regulations concerning 401(k) plans and IRAs.

• describe the implications of removing the age limit for IRA contributions
• explain how the SECURE Act has affected required minimum distributions (RMDs)
• identify the tax credit incentives for employers regarding 401(k) or SIMPLE IRA plans
• discuss how the Act benefits part-time employees
• outline the effects of eliminating ‘Stretch’ IRAs on beneficiaries
• summarize the new options for safe harbor 401(k) plans