Mike Obel | Yahoo Finance | Jan 9th, 2023
Category: Financial News
The SECURE 2.0 Act, signed by President Biden in December 2022, includes dozens of changes to provisions related to tax-advantaged retirement accounts. Among the most important changes is a provision, which took effect Jan. 1 of this year, that delays until age 73 when account holders must start taking required minimum distributions (RMDs) from their 401(k) or IRA. The act also schedules more RMD delays over the next 10 years.
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