In this episode of the Southeast Retirement Planners podcast, Ryan Edwards and Les Stewart dive into the top 10 provisions in Secure Act 2.0 with topics including:

• The enhancement of tax credits for small businesses, changes to required minimum distributions
• Catch-up contribution increases for individuals between the ages of 60 and 63
• Self-correction of the inadvertent plan and IRA violations without submission to the IRS
• Matching employer contributions for student loan payments
• Required auto-enrollment and auto-escalation for most new plans
• Allowing SIMPLE and SEP contributions to be made on a Roth basis
• Two new ways to save for emergencies through a 401(k) plan with the creation of emergency savings accounts and yearly emergency distributions of $1,000.
• Permitting all employer contributions in a 401(k), 403(b), or governmental 457(b) plan to be offered to employees on a Roth basis.
• Rollover of excess 529 assets to Roth IRAs.

With so much financial information and data being sent out, pushed out, and processed every day, The Southeast Retirement Planners Podcast aims to help simplify what can sometimes be complex financial situations. Located in Hickory, NC – Southeast Retirement Planners is an independent financial advisory firm that works closely with individuals and businesses to help create sustainable financial plans.

The advisory team at SRP will host each episode and will routinely be joined by clients, business leaders, and other important guests. The SRP podcast will give you actionable ideas and invites you to be a part of important conversations about how to better navigate the financial landscape and how some things “beyond the balance sheet” may impact your financial success.