The SECURE Act of 2019 has passed. This bill is the product of bipartisan effort, which should give thinking Americans a lead-in-the-gut realization about the sorry state of retirement preparedness and the importance of this issue. If the two sides of the aisle are working together, it might be important! The House presented SECURE, legislation, by its moniker, aimed at ‘Setting Every Community Up for Retirement Enhancement.’ The Senate produced RESA with largely the same goals, but slightly different provisions. Each of the respective legislative offerings are an attempt to help the average American prepare for their golden years. Our fathers’ generation would never have believed that pension systems might fail or that Social Security may not be available for them. The onus is on individuals to ‘peek around the corner’ of their own lives and make plans to finance their retirement.

Click here to read the full blog post by Leon LaBrecque on Forbes.com.

 

View Leon LaBrecque's Forbes contributor profile and other blog posts here: https://www.forbes.com/sites/leonlabrecque/

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Image is Getty from original post on Forbes.com.

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Forbes.com - The SECURE Act And Your 401(k) & IRA: 5 Things You Need To Know Right Now | Sequoia Financial Group

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