Yesterday, the Senate passed the Setting Every Community Up for Retirement (SECURE) Act which had been gathering dust since May after it passed the House. It’s expected to be signed into law soon.
Ultimately the law is a mixed bag, and looks as if the insurance industry made a significant contribution to the bill.
Blair duQuesnay over at Ritholtz Wealth has done a nice job summarizing the good and the bad. Take a look at her write up here.