Description
Gain an understanding of the changes behind the Secure 2.0 Act.
The Secure Act 2.0, signed into law in December of 2022, was part of a 1.6 billion package to aid retiring Americans. Unfortunately, 33 of workers presently do not have any retirement savings. The Secure Act 2.0 is produced to make it easier for working Americans to save money in retirement. Similar to President Roosevelt crafting Social Security, Secure Act allows working Americans to invest more money in taxadvantaged accounts for later use. And, seeking to help entrepreneurs and small businesses, the Act makes it easier for small businesses to set up 401(k) plans for their employees. This program provides background and assistance for the retiree as well as businesses needing to adjust and understand Secure 2.0.
Date: 2023-06-08 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to describe the significant changes behind Secure 2.0.
* You will be able to review required minimum distributions and upcoming changes.
* You will be able to identify the changes affecting employersponsored plans.
* You will be able to explain the differences between how Roth contributions and IRAs are considered.