Have you heard of the Secure Act 2.0?
In this episode, Jeremy Finger, CFP®, goes over the Secure Act 2.0 and focuses on the important changes that affect those over 50 years old and those who are retired.
- What the benefits are of the Secure Act 2.0 for retirees
- The increased maximum for 401(k) catch-up contributions
- What changes have been made to converting finances in 529 plans to the beneficiary’s Roth IRA
- The different benefits between itemized deductions and a qualified charitable distribution (QCD)
Related: Helping You Think About the Next Level of Estate Planning with Tripp Wiles