Program Description:

On 12/29/22, the massive SECURE 2.0 Act was signed into law. It broadly affects IRAs, SEPs, SIMPLEs, 401(k)s and all other variety of qualified retirement plans. Clients are already reading and asking about it. Plan documents and administrative practices (sooner than later) must be amended. New choices affecting retirement are in play now affecting compliance and planning.

How do we help our clients save money and make money with the new law? Take our new course on SECURE 2.0 and learn how.

Here’s what we’ll explore:

–       Changed – again – starting ages for required minimum distributions (RMDs) (wait ‘til you see this moving target)

–       Planning, planning and planning in response to many changes

–       Changes to amounts and character of IRA catch-up contributions

–       Technical corrections newly identified as badly needed to SECURE 2.0

–       Super duper IRA catch up for the almost retired

–       All-new financial incentives for contributing to a retirement plan

–       More than 10 changed plan withdrawal rules

–       Rothification of catch-up contributions – It’s mandatory!!

–       New exceptions and wrinkles to avoid §72(t) premature withdrawal penalties

–       Overhauled credit for small employer pension plan startup costs

–       Mandatory automatic enrollment provisions in newly established plans

–       Change ups to saver’s credit toss a major league curve ball

–       Qualified disaster and emergency expense withdrawals

–       Retirement savings lost and found

–       More, more and more

A sobering look at this new law reveals it will be difficult to limp through tax season without understanding it. This course instructs as to how to power through it.