Those New Retirement Regulations: Are They SECURE Or INSECURE?

February 25, 2020 by The Milford Daily News

The U.S. Congress loves warm and fuzzy acronyms. But it’s the fine print that counts, not the name of a particular piece of legislation.

Just as the Affordable Care Act (ACA) made health insurance more expensive, the SECURE Act – that’s the Setting Every Community Up for Retirement Enhancement Act – will make the future more insecure for many retirees and their heirs.

Insurance companies will certainly benefit, as the new law encourages employers to add annuities to their 401(k) plans. 

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Originally Posted at InsuranceNewsNet on February 24, 2020 by The Milford Daily News.