Ep 44: SECURE Act 2.0 – What to Know

The possibility is out there that new amendments could be made to the SECURE Act, which was originally passed in late 2019 and took effect at the beginning of 2020. What changes might be coming and what do you need to be aware of?

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The Game Plan

When the SECURE Act was passed in late 2019, it was some of the most significant retirement legislation in many years. Now, less than two years later, there could be additional amendments coming that could change things even more.

On this episode of the Retirement Playbook podcast, we’ll take you through the key changes that are on the table and help you understand what they could mean for planning. For the most part, all these possibilities appear to be positives for investing and saving for retirement but we’ll break it all down for you today.

Listen to the full episode or click on the timestamps below to skip around to specific topics.

 

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[2:01] – RMD age could be raised to 75

[5:57] – Employers could auto-enroll people into a 401(k)

[7:51] – Catch-up contributions

[10:14] – Student loans

[13:38] – Database for finding old 401(k) accounts

 

 

“I’m not sure why they have these catch-up provisions to begin with anyway. Allow people to put more money in (a 401k) no matter what.”

– Dale Tondryk

More To Explore

Ep 73: Getting it Right: Irreversible Financial Decisions

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.

Ep 72: Can’t Get No Satisfaction… Or Can You?

Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations in which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.

Ep 71: Going Against the Grain to Achieve Your Retirement Goals

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com