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Exploring the Changes in the SECURE Act 2.0: A Boost for Retirement Planning Thumbnail

Exploring the Changes in the SECURE Act 2.0: A Boost for Retirement Planning

The SECURE Act 2.0, implemented in the past year, has introduced major changes to retirement planning in the United States. Notable adjustments include raising the age for required minimum distributions (RMDs) from traditional retirement accounts from 72 to 73 and expanding catch-up contributions for high-income earners, aiming to simplify retirement planning and enhance financial security.