As the SECURE Act 2.0 takes hold in DC, passing through the house and making its way into the SENATE, it is a good time to take note of current retirement planning trends. From annuities to student loans to 199A, retirement planning is trying to catch up with the new world order. However, in certain areas ERISA plans have never caught on, the smaller and solo practitioner market. This has left millions without an effective and efficient way to save for retirement.
From MEPs, PEPs, and state-run plans, new attempts are taking place to get retirement vehicles into the hands of more Americans. However, hurdles still remain. Additionally, lawsuits around retirement plans are growing, putting pressure on those that want to serve the arena.
The presentation will cover how to approach retirement planning in 2022 with expected administrative changes and other policy proposals.
Learning Objectives:
– Better understand how Biden administration might rework the 401(k) tax benefits
– Better understand the proposed changes to tax credits around setting up retirement plans
– Better understand the SECURE Act 2.0
– Define the importance of the new ERISA Fiduciary Rules
– Determine how to handle potential tax and legal changes under a new administration
– Review how to incorporate qualified retirement plans into small business owner planning
Use Promo Code CECOACHING at checkout for free registration.