The SECURE Act “2.0” has finally been released and it brings some of the biggest changes and impact to retirees to date. In this video, Thiago Glieger discusses some of the most important changes that will impact retirees across the nation, and how you should be addressing each new change going forward.
[HOW TO CREATE YOUR RETIREMENT PORTFOLIO]
[REDUCE TAXES WITH THIS PERSONAL TAX GUIDE]
[WHY FIDELITY IS WRONG ABOUT YOUR RETIREMENT]
0:00 Understanding the rule
1:10 Most anticipated change
1:49 RMD chart
2:21 Tax Planning Window
3:43 Penalties
4:29 Roth changes
5:18 529 changes
6:51 Spousal changes
9:19 IRA catch-up contribution
10:09 Roth RMDs
10:49 Roth matching contributions
11:29 $145K income and over restrictions
12:00 Catch-up for 60 and older
———————————————————————————————————————–
►Want to see more of our videos? Click here:
►Visit our federal employee retirement website:
►If you’re interested in setting a time to meet with Thiago Glieger, click here:
►If you’d like help from a team of Certified Financial Planner (CFP) professionals that specialize in working with federal employees, learn more here:
—
Subscribe to TFC channel and click the Bell icon to be notified when we release new content.
The Fed Corner is a purpose built channel by RMG Advisors with information and financial planning strategies specifically designed for Federal Employees. We’re fiduciary financial planners by trade, and we talk about money, building wealth, navigating your federal benefits, financial planning, the economy, the markets, and more. The things we talk about on here are not to be taken as advice, visit our site for disclosures and seek help from appropriate advisors.
Copyright © 2023 The Fed Corner – All Rights Reserved. Investment Advisory services offered by Risk Management Group d/b/a RMG Advisors, a registered investment advisor.
#TheFedCorner #fersretirement…(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
They are already talking about what will be in Secure Act 3.0. It will likely expand the auto-enrollment to all existing retirement plans, which were "grandfathered" in this bill. Also, care-givers, defined as workers who drop out of the workforce for a few years to care for family members will likely be permitted to make catch-up contributions when they return to the workforce.