In December of 2019, new legislation was passed to further assist Americans in saving for retirement, known as the SECURE Act. Here are high points: SECURE stands for "Setting Every Community Up for Retirement Enhancement." Beginning in 2020, you can contribute to your retirement account regardless of your age, as long as you have taxable compensation. Roth IRAs are not changing. Beginning this year, the required minimum distribution age increases to 72. (This only applies to