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#2228142 - 01/02/20 03:46 PM SECURE Act
burkemi Offline
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Am I understanding this correctly???

The SECURE Act raises the age of required minimum distribution to 72, but for those who have reached the age of distribution by 12/31/19 will still be required to take minimum distributions? Do I understand that correctly?

If I am understanding correctly, will those individuals still be able to make contributions to their IRAs since the age cap has been eliminated?
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#2228163 - 01/02/20 06:29 PM Re: SECURE Act burkemi
rlcarey Offline
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Galveston, TX
Not sure the dust has settled:

But the first one appears correct and if the person has earned income, the second appears that is the case.
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#2228585 - 01/08/20 09:21 PM Re: SECURE Act burkemi
Tesla Offline
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Posts: 3,726
Does anyone have a link to the Final version of the law? I have searched and all I can find online is the House version. Is that the final?
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#2228600 - 01/08/20 10:38 PM Re: SECURE Act burkemi
rlcarey Offline
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Galveston, TX
It was part of the budget bill:

H.R.1865 - Further Consolidated Appropriations Act, 2020
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#2228604 - 01/08/20 10:47 PM Re: SECURE Act burkemi
Sunshine Lady Offline
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