DiscoverYour Money, Your WealthSECURE Act 2.0 & Retirement Rich, Cash Poor - 412
SECURE Act 2.0 & Retirement Rich, Cash Poor - 412

SECURE Act 2.0 & Retirement Rich, Cash Poor - 412

Update: 2023-01-17
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Joe and Big Al are back with a SECURE Act 2.0 recap and a proposed backdoor 529 plan strategy from the new law. Plus, is there a scenario where it makes sense to not max retirement accounts, to avoid being retirement rich and cash poor? Also, the fellas’ thoughts on a break-even point for Social Security, required minimum distributions (RMD) from inherited IRAs, and of course, Roth IRA strategies: as in, the 5-year rules for Roth withdrawals, preserving Roth money and avoiding early withdrawal penalties, and Roth conversions to offset brokerage account losses. Show notes, transcript, free financial resources - including the free guide to the SECURE 2.0 Act - and to Ask Joe & Big Al On Air for your Retirement Spitball Analysis: https://bit.ly/ymyw-412

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SECURE Act 2.0 & Retirement Rich, Cash Poor - 412

SECURE Act 2.0 & Retirement Rich, Cash Poor - 412

Joe Anderson, CFP® & Alan Clopine, CPA