Pulse on the Industry
DBS is committed to being your trusted partner, and as part of that we strive to be the most up-to-date source of information for you on current topics affecting financial professionals. Two current topics that are particularly timely, the SECURE Act and the more recent CARES Act, affect you and your clients significantly.
The SECURE Act
The Setting every Community Up for Retirement Enhancement (SECURE) Act was signed by President Donald Trump in December 2019 and became law as of January 1, 2020. The new legislation brings changes for long-term retirement savings and affects Americans at every age. It also presents several opportunities for financial professionals.
The CARES Act – and COVID-19 Response
The federal government has taken a host of actions to provide relief to people and businesses affected by the health and economic effects of COVID-19.