Back in May of 2019, the House of Representatives did something nearly unheard of in our polarized politics: It overwhelmingly passed a major tax and retirement savings bill on a bipartisan basis.
With an almost unanimous vote, the House sent the “Setting Every Community Up for Retirement Enhancement Act of 2019,” better known as the “SECURE Act,” to the Senate. Since then, it’s been held up by a few senators over several concerns, the most overblown of which is preserving what is known as “Stretch IRAs.”
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