Secure Act 2.0 Implications for Retirement Plans
At the beginning of the year, Congress passed the Secure Act 2.0 which brings about some changes regarding IRAs and employer-sponsored retirement plans. Some of these changes are exciting, others – not so much. One of the main changes has to do with using Required Minimum Distributions to fund charitable donations, and the tax ramifications this entails. Listen in if you have an IRA or employer-sponsored retirement plan.