Ep 9: SECURE Act 2.0 – Retirement Changes You Need to Know

Scott will provide an overview for you in this episode by walking through some of the finer points of the SECURE Act 2.0. Plus, we’ll also spend a few minutes talking about the inflation adjustments to retirement plans that are coming and how much more you’ll be able to contribute. 

Here is some of what you will learn in this episode:

·      The RMD age pushed back again from 72 to 73. (3:14)

·      The penalty for missing an RMD withdrawal has been reduced. (5:50)

·      People in their early 60s will have another chance to increase catch-up contributions.  (7:33) 

·      People paying off student loans might have the opportunity to receive their company 401(k) match. (10:18)

·      Inflation adjustments are being made in retirement accounts.  (12:37)

WAYS TO CONNECT:

Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg

Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.

If you have any questions about what we discussed or anything else in your financial plan, email us at [email protected]. You can also reach the team by phone at (916) 458-8199.