SECURE Act definition

SECURE Act means the Setting Every Community Up for Retirement Enhancement Act of 2019, signed into law on December 20, 2019, and the rules and regulations promulgated thereunder.
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SECURE Act means the Setting Every Community Up for Retirement Enhancement Act of 2019, as now in effect or as hereafter amended, and the applicable regulations and rulings thereunder. All citations to sections of the SECURE Act are to such sections as they may from time to time be amended or renumbered.
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SECURE Act means the Setting Every Community Up for Retirement Enhancement Act 0f 2019.
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Examples of SECURE Act in a sentence

  • The SECURE Act contains a number of provisions impacting employer-sponsored retirement plans, many of which are already in effect.

  • Section 114 of the SECURE Act amended § 401(a)(9) of the Code to change the required beginning date applicable to § 401(a) plans and other eligible retirement plans described in § 402(c)(8), including a § 401(a) qualified plan, a § 403(a) annuity plan, a § 403(b) annuity contract, a § 457(b) plan maintained by a governmental employer, and an individual retirement account or annuity (IRA) described in § 408(a) or (b).

  • The Effective Date of this Article 6 in the case of a collectively-bargained plan will be the date determined in SECURE Act §401(b)(2).

  • The SECURE Act adds § 72(t)(2)(H) of the Code as a new exception to the 10% additional tax under § 72(t)(1) for qualified birth or adoption distributions.

  • Section 113 of the SECURE Act amended§ 72(t)(2) of the Code to add § 72(t)(2)(H), which permits an individual to receive up to $5,000 for a qualified birth or adoption distribution from an applicable eligible retirement plan (defined in § 72(t)(2)(H)(vi)(I) as an eligible retirement plan as defined in § 402(c)(8)(B) other than a defined benefit plan).

  • Additionally, the SECURE Act provided for a longer amortization period of 30 years from 7 years.

  • This Article will not apply to qualified annuities described in SECURE Act §401(b)(4)(B).

  • The SECURE Act also includes an amendment to § 401(a)(9)(C)(i)(I) of the Code that increases the age for required minimum distributions to age 72 for employees born after June 30, 1949.To assist with the implementation of the modified safe harbor explanations, this notice includes an appendix with two model safe harbor explanations: one for distributions that are not from a designated Roth account, and the other for distributions from a designated Roth account.

  • Instead, for ease of administration, these proposed regulations interpret the effective date language to apply the amendments made by section 114 of the SECURE Act to an employee who died before attaining age 70½ if the employee would have attained age 70½ on or after January 1, 2020 (that is, the employee’s date of birth is on or after July 1, 1949).

  • Effective January 1, 2020, for IRA account owners who die after December 31, 2019, the SECURE Act requires the entire balance of the participant’s account to be distributed within ten years.


More Definitions of SECURE Act

SECURE Act means the Setting Every Community Up for Retirement Enhancement Act of 2019, as now in effect or as hereafter amended, and the applicable regulations and rulings
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SECURE Act means the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.”
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Related to SECURE Act

  • Trust Indenture Act means the Trust Indenture Act of 1939 as in force at the date as of which this instrument was executed; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, "Trust Indenture Act" means, to the extent required by any such amendment, the Trust Indenture Act of 1939 as so amended.

  • Criminal Procedure Act means the Criminal Procedure Act, 1977 (Act No. 51 of 1977);

  • Home Mortgage Disclosure Act means Home Mortgage Disclosure Act of 1975, as amended.

  • Affordable Care Act means the Patient Protection and Affordable Care Act of 2010 (Pub. L. 111–148), as amended by the Health Care and Education Reconciliation Act of 2010 (Pub. L. 111–152).

  • Trust Indenture Act or TIA The Trust Indenture Act of 1939, as amended from time to time, as in effect on any relevant date.

  • TIA means the Trust Indenture Act of 1939 (15 U.S. Code §§ 77aaa-77bbbb) as in effect on the date of this Indenture; provided, however, that in the event the Trust Indenture Act of 1939 is amended after such date, “TIA” means, to the extent required by any such amendment, the Trust Indenture Act as so amended.

  • Trust Indenture Act of 1939 (except as otherwise provided in Sections 8.1 and 8.2) means the Trust Indenture Act of 1939 as in force at the date as of which this Indenture was originally executed.

  • B-BBEE Act means the Broad-Based Black Economic Empowerment Act, 2003;

  • BBBEE Act means the Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003);

  • ss County of: Xxxxxx ) On the 7th day of February, 2017, before me, a Notary Public in and for said State, personally appeared Xxxxxx Xxxxx, known to me to be a President of Xxxxx Fargo Bank, N.A., one of the corporations that executed the within instrument, and also know to me to be the person who executed it on behalf of said corporation, and acknowledged to me that such corporation executed the within instrument.

  • S.A.F.E. act means the secure and fair enforcement for mortgage licensing act of 2008, Title V of the housing and economic recovery act of 2008 ("HERA"), P.L. 110-289, effective July 30, 2008.

  • Trust means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and

  • FW Act means the Fair Work Act 2009, as amended from time to time.

  • 2012 Act means the Health and Social Care Act 2012;

  • the 1985 Act means the Companies Act 1985;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • the 1991 Act means the Water Industry Act 1991(a);

  • the 1992 Act means the Local Government Finance Act 1992;

  • FOI Act means the Freedom of Information Act 2000 and any subordinate legislation made under that Act or any code issued pursuant to sections 45 or 46 of that Act or any guidance issued by the Information Commissioner;

  • Prohibited Practices means the prohibited practices set forth in paragraph 4 of the Policy on Prohibited Practices;

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • the 1984 Act means the Road Traffic Regulation Act 1984;

  • Water Act, as used in this clause, means Clean Water Act (33 U.S.C. 1251 et seq.).

  • the 1997 Act means the Town and Country Planning (Scotland) Act 1997 (c. 8);

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.