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The SECURE Act is the Law, but What’s the Rush?

The SECURE Act is the Law, but What’s the Rush?

Now that the SECURE Act is the law of the land, it brings with it a host of changes to the financial landscape, from student loan repayment to 401(k) accounts, IRAs, and other subjects. Some of the new regulations, which went into effect at the beginning of this year, stand to shake up your finance decisions immediately, while others have more long-term impacts. But which is which?

Steve Parrish, co-director of the New York Life Center for Retirement Income, says adapting to some parts of the SECURE Act will be like a sprint, but others are more like a marathon. The trick is to determine which of the changes are relevant to each person and their own financial situation.

For more of Parrish’s take on how to plan for the effects of the SECURE Act, read his latest article in Forbes.

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