The Secure Every Community Up for Retirement Enhancement (SECURE) Act was passed in December 2019. It includes reforms to increase access to plans in the workplace and expand retirement savings. This legislation includes changes that can affect defined contribution plans, defined benefit plans, individual retirement accounts and 529 plans. The Secure Act went in to effect on January 1, 2020. It changed the Required Minimum Distribution (RMD) requirements for inherited accounts and increased the age that you are required to start taking your RMD.
We were grateful to spend a special evening enjoying wine and appetizers with our wonderful community of clients last week at the Pasea Hotel and Spa in Huntington Beach, CA. Our first year went by so fast and the transition would not have gone as smoothly if it weren’t for the trust and support from our clients. We are looking forward to our next Client Appreciation Event in October.
The Fall Wine Event was a hit! Twice a year we host this event to show appreciation for our clients and also give them the chance to bring in their friends and family. We are grateful for those who were able to come enjoy wine and h’dourves overlooking the beautiful Huntington Beach sunset.