The SECURE ACT was signed into federal law on 12/20/19. Most provisions become effective 1/1/20. The primary purpose of this law is to make it easier for individuals and for employees and owners of small businesses to save for retirement. On one hand, it certainly does that, and we encourage all clients to speak with us about how this new law can benefit you. Unfortunately, like so many things, there is a downside. The downside is significant and may require savers and retirees to reconsider their estate planning, i.e. how they pass inherited assets to their families.