SECURE Act 2.0: New Accumulation Rules

02/02/2023 9 min
SECURE Act 2.0: New Accumulation Rules

Listen "SECURE Act 2.0: New Accumulation Rules"

Episode Synopsis

Aired Live: January 24th, 2023: Ben Taatjes discusses the new distribution rules associated with SECURE Act 2.0. Catch-Up Contributions. Starting January 1, 2025, investors aged 60 through 63 can make catch-up contributions of up to $10,000 annually to workplace retirement plans. The catch-up amount for people aged 50 and older in 2023 is $7,500. However, the law applies certain stipulations to individuals earning more than $145,000 annually. For more information or to request a meeting, visit www.taatjesfinancial.com