Client Alert: SECURE Act Rings in 2020 Retirement Plan Changes

President Trump signed into law on December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”) as part of the Further Consolidated Appropriations Act, 2020.  The SECURE Act is the most significant retirement plan legislation enacted since 2006.  Many of its provisions take effect in 2020.  This Client Alert describes certain provisions of the SECURE Act that affect many existing employer retirement plans as well as individual retirement accounts (“IRAs”).