Congress Made Significant Changes to Your Retirements Plans
Submitted by Moneywatch Advisors on January 23rd, 2020The comedian Stephen Colbert once said in testimony before the House Judiciary Committee, "I'm not a fan of the government doing anything. But I've got to ask, why isn't the government doing anything? ... Like most members of Congress, I haven't read the bill." Colbert was referring to an entirely different issue but Congress actually did something and, as usual, one’s opinion on whether it is good or bad depends on one’s individual circumstances. Here are the highlights of the SECURE Act (even though I haven’t read the bill either):
