SECURE Act 2.0 – Important Retirement Planning Changes to Know

The SECURE Act 2.0 was pushed through Congress late last year, and even though you won’t see too many exciting headlines about the legislation, there are actually some great planning opportunities inside.

We spent a little time talking about the RMD age change that will impact people in or near retirement in our last episode. Now we want to highlight a few more positive changes that you need to know about, including catch-up contribution increases, a 529 to Roth option, and a benefit for people for some people still paying off student loans.

 

Here’s some of what you’ll learn in this episode:

• Catch-up contributions for increase for people aged 60-63. (1:15)
• You’ll have the ability to move 529 money to a Roth with restrictions. (3:36)
• Student loan payments could qualify you for a company 401(k) match. (8:06)

 

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