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Ready For Retirement

8 Important Planning Opportunities From the SECURE Act 2.0

Ready For Retirement

James Conole, CFP®

Investment Planning, Bonds, Education, Stocks, Cash, Business, Dividend Investing, Retirement Planning, Retirement, Investing, Tax Planning

5706 Ratings

🗓️ 10 January 2023

⏱️ 34 minutes

🧾️ Download transcript

Summary

In this episode of Ready for Retirement, James discusses 8 important planning opportunities from the SECURE Act 2.0 Questions Answered: What are the major changes from the SECURE Act 2.0?What are the best strategies to implement from the SECURE Act 2.0?How can your overall retirement strategy be improved?Timestamps: 00:00 - Introduction 3:14 - SECURE Act 2.0 Overview 4:22 - RMD Changes 6:52 - Tax Planning Window Changes 9:04 - Roth Conversions 12:05 - 529 Plan to Roth IRAs 19:38 -...

Transcript

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0:00.0

Discover the tips and strategies that will help you achieve your retirement goals.

0:09.3

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

0:14.2

It all starts right here on Ready for Retirement. for retirement.

0:31.5

Hi, everyone, and welcome back to another episode of Ready for Retirement.

0:32.7

I'm your host, James Cannell.

0:37.0

Today, we're going to be talking about the Secure Act 2.0.

0:39.1

Now, if you're not aware, there was a giant spending bill that was passed at the end of 2022, and part of this was the Secure Act. Now, the

0:44.5

Secure Act particularly pertains to retirement and trying to allow some provisions to make

0:49.4

retirement more accessible and even easier for people to begin planning for. Now, many of these bills pass,

0:56.4

and it may be only impacts a certain group of people, or maybe it's a very small change.

1:01.9

This is not that bill. This bill has sweeping changes that have lots of impact to different people.

1:07.6

So not only do I want to walk through what were those provisions in the Secure Act 2.0,

1:12.7

but I want to talk very specifically about how can this change the way you do your planning

1:16.7

so that you can make the most of your financial future. So quick reminder, before we jump in today,

1:21.6

if you've not already done so, please leave a review for the podcast if you've enjoyed this content.

1:26.6

We're getting over 30,000 downloads

1:28.8

every single month, which means a lot of people are getting access to great information of how

1:32.5

they can better their future and better their retirement plans. And that only happens by

1:37.2

more and more people becoming aware of this show. So by you telling your friends or by you leaving

1:41.8

reviews, it helps more people get access to quality

1:44.6

content so that they can have a more secure future. So really appreciate those of you who do leave

1:49.6

reviews. It really does mean a lot to me. It does allow more people to find the show. If you

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