What Is The SECURE Act And 9 Ways It Will Actually Boost Your Retirement
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What
is the SECURE Act?
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SECURE stands for Setting Every Community Up for Retirement Enhancement.
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SECURE Act is the biggest retirement system change passed by the US Congress in 13 years.
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Unfortunately, it had to be buried within the government’s spending bill; since nothing gets past the Senate lately.
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The Social Security Administration has been communicating for over a decade about
The Future Financial Status of the Social Security Program
; and it does not look good.
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It made sense for Congress to transfer most of the retirement responsibility to the individuals.
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It would be great to have a complete overhaul, but Social Security is a landmine no one wants to touch.
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