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 67: Are You A Risk Taker? How To See If Your Tolerance for Risk Matches Your Plan

Do you like to take risks? Or would you rather play it safe and steady? When it comes to the market risk can come with great reward, but it can also be damaging if our risk tolerance is out of balance with our plan. Most people don’t realize how much risk they are taking on and have a much lower tolerance than their portfolio reflects. 

Ep 66: Picking Sides in Important Financial Debates

Financial debates have existed for a long time and when we’re planning we may encounter quite a few. While there are various opinions out there, not everyone’s solution will fit your needs. Each situation is going to depend on your plan and goals.

Ep 65: Are These Retirement Statistics Encouraging or Disturbing?

We’ve gathered some updated retirement statistics from across the country. It’s time to find out if these are encouraging or disturbing findings if they’re reflective of the average client, and what you can do to improve your own retirement preparedness based on this information.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com