Secure Act 2.0 - Everything that you Need to Know

Overview

Congress was EXTREMELY busy in late December 2022! During this lame-duck session, Congress was able to pass SECURE 2.0, which is essentially the original SECURE Act that was passed in late 2019. There are over 50 tax-related provisions within SECURE 2.0 which an advisor needs to be able to master. This course will provide the participant with everything that that they need to know about SECURE 2.0 so that they will be able to better serve their clients’ retirement planning needs.

**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.

Highlights

Mandatory Automatic Enrollment
Credit For Small Employer Pension Plan Startup Costs
Enhancement Of The Saver’s Credit
Increase In Starting Age For RMDs
Indexing IRA Catch-Up
Higher Catch-Up Limit Age 61, 62, 63, And 64
Student Loan Payments As Elective Deferrals For Matching Contributions
Start Up Credit Costs For Employers Joining An Existing Plan
Financial Incentives For Contributing To a Plan
Withdrawals For Certain Emergency Expenses
SIMPLE Plan changes
Starter 401(K) Plans
Sec 529 Plan To Roth Rollovers
Emergency Savings Accounts
Enhancement of 403(B) Plans
Qualified Charitable Distributions to Split Interest Entity
Retirement Savings Lost and Found

Prerequisites

None

Designed For

CPAs, EAs, attorneys, and other tax professionals

Objectives

To provide the participant with everything that that they need to know about SECURE 2.0 so that they will be able to better serve their clients’ retirement planning needs.