Changes From The SECURE Act

NAELA and the Tax Section are updating all members on the SECURE Act for 2020. Listed below is a series of resources that will help you prepare to serve your clients in the coming year.

The SECURE Act brings major changes to retirement tax policy, particularly the rules that limit “stretch” IRAs. The "stretch" allowed an inheritor to take money out of a retirement account over their lifetime. The SECURE Act requires most, but not all individuals, to take the money out in ten years. Yet, many estate plans do not leave retirement accounts outright to inheritors, but in a trust for their benefit. NAELA’s experts not only understand how to plan with trusts under the SECURE Act, but even obtained changes in the final bill to ensure that trusts for people with disabilities could retain “the stretch.”

To access the rest of the SECURE Act content please sign in with your NAELA membership account. There is a link to sign in at the top of this page.

NAELA Tax Section Membership

These materials have been developed for members by the NAELA Tax Section. Find out how you can join the Tax Section and learn about all the NAELA Sections here.

For detailed information about the SECURE Act 2019, download the pdf below.