Beyond Your Money

Beyond Your Money

Here’s What You Need To Know About The SECURE 2.0 Act (Ep. 19)

June 28, 2023

Get ready to kick off the start of season 2 of Beyond Your Money with an in-depth look at the SECURE 2.0 Act (Setting Every Community Up For Retirement Enhancement).

In this episode, Mike Dukovich is back to share its ins and outs, which entail a significant update to the retirement savings landscape. 

The original SECURE bill was signed into law in 2019, and its successor, the SECURE 2.0 Act, was signed into law on December 29, 2022. While there are numerous changes introduced by this bill, Mike focuses on the ones that are particularly relevant to his clients.

Mike discusses:

  • The changes to the required minimum distribution (RMD) age and how that may impact you
  • The role of potential tax saving strategies when it comes to the SECURE 2.0 Act
  • The expansion of catch-up contribution limits
  • If you don’t see it, you don’t miss it: The value of saving for retirement 
  • What you need to know about student loan payments and college savings
  • And more!

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