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)