Trump signs the SECURE act News
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Trump signs the SECURE act

On Friday President Trump signed the SECURE Act into law. This changes the landscape of retirement by making it easier for small businesses to offer retirement plans for their employees. It also raises the minimum age of fund distribution for retirement to 72.

The Act also makes it easier for new parents to remove funds for the birth or adoption of a child since it allows the money to be taken tax-free in these cases.

A final major provision makes it easier to provide retirement funds for long term part-time employees.