Congress seemingly can’t stop tinkering with the rules governing retirement plans in an effort to further encourage taxpayers to save for retirement and incentivize employers to offer savings opportunities to employees. The Securing a Strong Retirement Act dubbed the “Secure Act 2.0” recently passed Congress as part of the year-end omnibus spending bill. This presentation will focus on the main points of the Act affecting retirement plans for small businesses and taxpayer’s future withdrawal requirements from their retirement plans. This course will provide a history of this legislation, a summary of its main provisions, and planning ideas for clients affected by the Act.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)