5 Things the SECURE 2.0 Act changes about retirement (mint.intuit.com)

While not all of the changes in the SECURE 2.0 Act might affect you, its important to be aware of the changes.

The SECURE (Setting Every Community Up for Retirement Enhancement) 2.0 Act builds on the previous SECURE Act law, which was passed in 2019.

Heres a quick look at some of the biggest updates.

Keypoints

• Changes to Required Minimum Distributions (RMDs)
• An Increase in CatchUp Contributions
• Automatic Enrollment in 401(k) Plans
• Emergency Savings In A Roth IRA
• A Way To Convert 529 Plans to A Roth IRA
• The Bottom Line
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• Written by Dan Miller
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