<ol> <li>Required Minimum Distribution changes to age 73 and will move to age 75 in 2033.</li> <li>The Required Minimum Distribution penalty of 50% decreased to 25% and possibly down to 10%.</li> <li>Catch-Up contributions have increased and will increase even further for those 60-63 in 2024.</li> <li>529's that have remaining balances can now be rolled to a Roth IRA for the beneficiary.</li> <li>There is still clarification on some things coming down the pike.</li> </ol>

Required Minimum Distribution changes to age 73 and will move to age 75 in 2033. The Required Minimum Distribution penalty of 50% decreased to 25% and possibly down to 10%. Catch-Up contributions have increased and will increase even further for those 60-63 in 2024. 529's that have remaining balances can now be rolled to a Roth IRA for the beneficiary. There is still clarification on some things coming down the pike.

Episode 34: The Secure Act 2.0

Duane and Aaron Johnson are co-founders of Bridger Financial Services.

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Episode 34: The Secure Act 2.0

Episode 34: The Secure Act 2.0