The SECURE Act aims to increase Americans’ ability to save for retirement. With the elimination of stretch IRAs, some Americans may need to make immediate changes to their estate and legacy plans.

The number of companies trading on stock exchanges has fallen by one-half during the past two decades. As a result, portfolio diversification has become more challenging. If the Securities and Exchange Commission amends its definition of an accredited investor, opportunities to invest in alternative assets may increase.

After years of proposals and counter proposals, the SECURE Act was passed in late 2019, which creates opportunities for individuals to increase retirement security.

The SECURE Act is the first major retirement legislation in a decade, and creates opportunities designed to close the gaps in retirement security in the United States.

After a six-month waiting period, Congress has passed the SECURE Act, impacting how Americans save for retirement.