Brian Graff, CEO of the American Retirement Association, recently chatted with Money Life with Chuck Jaffe to discuss the various benefits of the SECURE Act.
Graff, who’s interviewed by Jaffe for the nearly 20-minute segment, reviews how the SECURE Act will help small businesses offer retirement plans and make it easier for working Americans save for retirement.
Formally known as the Setting Every Community Up for Retirement Enhancement Act, the legislation was enacted into law on Dec. 20, 2019, but many of the provisions take effect at the start of 2020.
As part of the segment, Graff explains how the legislation has many advantages for existing plans and new plans, such as enhanced tax credits for plan start-up costs and auto-enrollment, as well as some less favorable provisions, such as the changes to so-called stretch IRAs.
To listen to the podcast interview with Graff, visit this link: Money Life with Chuck Jaffe interview with ARA CEO Brian Graff
For more information about Money Life with Chuck Jaffe, visit: moneylifeshow.com
