Secure 2.0 Offers New Tax Incentives for Small Business Retirement Plans
The credit is for businesses with up to 100 employees, but the credit is reduced by 2% per employee over 50 employees earning less than 100,000/year.
Secure 2.0 Act of 2022
529 Plans Get a Boost with Tax-Free Rollovers to Roth IRAs
Thanks to the SECURE 2.0 Act, the 529 plan to Roth IRA rollovers will go into effect on Jan. 1, 2024.
New Law Encourages Roth 401(k) Accounts
For 2023, a participating employee can contribute up to $22,500 in elective deferrals or up to $30,000 if they are age 50 or over.
Here is Why SECURE Act 2.0 Matters for Those Retiring Soon
A Certified Financial Planner provides a summary of the most significant changes in the SECURE Act 2.0.