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SECURE Act Takeaways

The SECURE (Setting Every Community Up for Retirement Enhancement) Act includes several provisions that benefit retirees and retirement savers, as well as parents and college students. But these potential new benefits could come at a cost to some taxpayers. Here are seven key changes—and what they could mean for you.

Source: The United States Congress, 12/20/2019. Note: This is not a complete list of changes resulting from the SECURE Act. See H.R. 1865 for full details.

What You Can Do Next

  • Listen as Mike Townsend discusses the SECURE Act, as well as other legislative and political topics relevant to individual investors, in WashingtonWise Investor™, a Schwab original podcast. Subscribe now.

  • Read more insights on new policies coming out of Washington.

Important Disclosures

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.


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