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.

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