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What Secure 2.0 Could Mean for Your Retirement Planning
The much-discussed $1.7 trillion spending bill signed into law in December, contained a lot of items subject to ongoing scrutiny but, for those deep into retirement financial planning, the Secure 2.0 provisions embedded in the details should be studied carefully. There are a number of provisions included in this monumental legislation that could make the process of saving for retirement easier. For example, IRA contribution limits are changing, catch-up contribution limits have been increased, and the rules on RMD disbursements have been changed. All-in-all, it’s advisable for retirement planners to be aware of which of these changes are relevant to them. To aid in this, Certified Exit Planner, Certified Value Builder, and Certified Business Valuation Specialist Allen Harris, via a post on theberkshireedge.com, offers a comprehensive review of things you should know. Read his post here…