The SECURE Act 2.0- New Changes to Retirement Savings

Wealth Decisions by Brian

In this week's episode, we're diving into a topic that's been making waves in the world of retirement savings: The SECURE Act 2.0.

This legislation, passed in late 2022, brings significant changes to how Americans can save for retirement. Whether you're just starting your career or nearing retirement age, these changes could have a big impact on your financial future.

The SECURE Act 2.0 is a follow-up to the original SECURE Act (Setting Every Community Up for Retirement Enhancement) passed in 2019. This new legislation aims to address the ongoing retirement savings crisis in America by making it easier for people to save and by providing more options for how they can use their retirement funds.

Some positive changes in the SECURE Act 2.0:

1. RMD Age Increase

2. New Catch-Up Contributions

3. Auto-Enrollment in 401(k) Plans

4. Student Loan Debt and Retirement Savings

5. Part-Time Worker Eligibility

6. Emergency Savings Accounts

7. 529 Plan to Roth IRA Rollovers

8. Saver's Match

For a transcript of today's episode, go to:

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To explore the 3 Choices for Advice and Guidance go to:

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To see what it would look like to hire me as your fiduciary financial advisor go to:

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To schedule a Discovery Call go to:

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Brian D Muller(AAMS©), Founder, Wealth Advisor

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