A new law paints an ugly picture for American retirement accounts.

Here's an example:

You're a 62-year-old who has put money away all your life.

You've done so to secure a comfortable retirement, on your own terms.

But you also want to pass your retirement savings balance to your loved ones.

This includes your 401(k)s… traditional IRAs… even your Roth IRAs.

Of course you want your hard-earned (and growing) money to last as long as it can, and — just as importantly — to get taxed as little as possible.

Better brace yourself.

The rules we've grown accustomed to are getting completely turned upside down by Congress.

Here what to do