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The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act), was signed into law on December 20, 2019 and made the following significant changes that affect IRAs, except:
A Designated Beneficiary is one of the following, except:
The following are true about the new 10-year distribution rule, except:
The Transition Rules for determining the new Required Beginning Date (RBD) of RMDs (for the IRA owner are as follows, except:
There are situations that allow for an exception to be made to the 10-year distribution rule, such as if the designated beneficiary is a minor child. The following are true about withdrawals that can be made by minor children due to the SECURE Act, except: