---
title: How does the SECURE Act affect you?
description: "The SECURE Act recently passed into law and affects almost everyone. We encourage you to listen to our podcast where we discuss some of the key issues: the Required Minimum Distributions (RMD) age has increased to age 72; removal of the age limit restricting IRA contributions; eliminating the ability to stretch tax advantages of inherited IRA’s; allowing 529 plan distributions to pay off student debt, up to $10k; distributions from 401(k) plans to help with costs relating to a child’s birth or adoption, up to $5k and without penalty; etc."
image: https://www.barryinvestmentadvisors.com/hubfs/21iStock-1192261419.png
---

January 17, 2020

# How does the SECURE Act affect you?

The SECURE Act recently passed into law and affects almost everyone. We encourage you to listen to...

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Posted by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/financial-planning-library/author/barry-investment-advisors)

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The SECURE Act recently passed into law and affects almost everyone. We encourage you to listen to our podcast where we discuss some of the key issues: the Required Minimum Distributions (RMD) age has increased to age 72; removal of the age limit restricting IRA contributions; eliminating the ability to stretch tax advantages of inherited IRA’s; allowing 529 plan distributions to pay off student debt, up to $10k; distributions from 401(k) plans to help with costs relating to a child’s birth or adoption, up to $5k and without penalty; etc.  
[![Listen To The Podcast](https://no-cache.hubspot.com/cta/default/424177/9fd3e405-04ac-4e84-b6b0-f9e23d7cc580.png)](https://cta-redirect.hubspot.com/cta/redirect/424177/9fd3e405-04ac-4e84-b6b0-f9e23d7cc580)

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#### Looking For More Resources?

Download our free cheatsheet which explains key tax and 529 changes from the One Big Beautiful Bill.

![Get the Cheatsheet!](https://no-cache.hubspot.com/cta/default/424177/interactive-194001243284.png)