RL112 - Saving for retirement may get easier—SECURE Act 2.0?

from Retirement Lifestyle Show with Roshan Loungani and Adrian Nicholson · host Roshan Loungani and Adrian

Today on the Retirement Lifestyle Show, Erik Olson and Adrian Nicholson break down the new features of the proposed SECURE Act 2.0. They discuss how the act will improve retirement planning, the potential tax consequences to expect from the plan, and the best times to increase your catch-up contributions. [02:52] The SECURE Act 2.0 [06:05] Required Minimum Distributions in The SECURE ACT 2.0 [07:24] What is a Required Minimum Distribution (RMD)? [09:15] Potential Tax Consequences From the New RMD Rules [11:20] Taxes, Life Expectancy, and Retirement Planning [13:12] How to Plan For Qualified Charitable Distributions [18:50] How the Auto-Enrollment Feature Will Improve Retirement Saving [23:00] Lucrative Retirement Saving Incentives [24:10] How and When To Increase Your Catch-Up Contributions [26:20] Roth Conversions and Catch-up Contributions [32:05] The Expected Boost in Saver's Credit [35:57] Matching Contributions For Student Loan Payments [42:10] Changes to Expect From Your 403B Plan [45:18] Parting Thoughts Roshan can be reached at [email protected] or at 202-536-4468.  Erik can be reached at [email protected] or 815-940-4652. Adrian can be reached at [email protected] or at 703-915-8905. Follow Us At: Website: https://retirementlifestyleshow.com/ https://www.retirewithroshan.com https://youtu.be/hKVzI87v0tA https://twitter.com/RoshanLoungani https://www.linkedin.com/in/roshanloungani/ https://www.facebook.com/retirewithroshan/ https://www.linkedin.com/in/financialerik/ https://www.linkedin.com/in/adrian-nicholson-74b82b13b/ #retirementlifestylepodcast #fire #podcast #FI #Retire #retirewithroshan #BAM #BusinessAsMission #ImpactInvesting All opinions expressed by podcast hosts and guests are solely their own. While based on information they believe is reliable, neither Arete Wealth nor its affiliates warrant its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions, consult a professional.

What this episode covers

Today on the Retirement Lifestyle Show, Erik Olson and Adrian Nicholson break down the new features of the proposed SECURE Act 2.0. They discuss how the act will improve retirement planning, the potential tax consequences to expect from the plan, and the best times to increase your catch-up contributions. [02:52] The SECURE Act 2.0 [06:05] Required Minimum Distributions in The SECURE ACT 2.0 [07:24] What is a Required Minimum Distribution (RMD)? [09:15] Potential Tax Consequences From the New RMD Rules [11:20] Taxes, Life Expectancy, and Retirement Planning [13:12] How to Plan For Qualified Charitable Distributions [18:50] How the Auto-Enrollment Feature Will Improve Retirement Saving [23:00] Lucrative Retirement Saving Incentives [24:10] How and When To Increase Your Catch-Up Contributions [26:20] Roth Conversions and Catch-up Contributions [32:05] The Expected Boost in Saver's Credit [35:57] Matching Contributions For Student Loan Payments [42:10] Changes to Expect From Your 403B Plan [45:18] Parting Thoughts Roshan can be reached at [email protected] or at 202-536-4468. Erik can be reached at [email protected] or 815-940-4652. Adrian can be reached at [email protected] or at 703-915-8905. Follow Us At: Website: https://retirementlifestyleshow.com/ https://www.retirewithroshan.com https://youtu.be/hKVzI87v0tA https://twitter.com/RoshanLoungani https://www.linkedin.com/in/roshanloungani/ https://www.facebook.com/retirewithroshan/ https://www.linkedin.com/in/financialerik/ https://www.linkedin.com/in/adrian-nicholson-74b82b13b/ #retirementlifestylepodcast #fire #podcast #FI #Retire #retirewithroshan #BAM #BusinessAsMission #ImpactInvesting All opinions expressed by podcast hosts and guests are solely their own. While based on information they believe is reliable, neither Arete Wealth nor its affiliates warrant its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions, consult a professional.