New Year, New Regulations: Here Comes SECURE Act 2.0
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While we were celebrating the holidays, Congress was busy at working passing a massive 1.7 Trillion Dollar Omnibus bill. Part of this bill included language for The Secure Act 2.0--- even more provisions that can impact Americans who are planning for their retirement years.
In this episode we briefly highlight several areas which include:
- New rules for required minimum distributions
- Additional areas for consideration in ROTH IRAs & 529 Accounts
- Changes to employer matching & catch-up provisions inside employer sponsored plans
One of the realities of financial planning is that rules and regulations can always be subject to change. This is why planning is a process---not an event.
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