A recent article from The Hill breaks down the potential EARN Act working its way through our government right now. Sort of like a Secure Act 2.0, the EARN Act could change essential things about retirement planning.
One of the biggest changes could be to RMD age requirements. It may push those RMDs to 75 for more tax growth. It also allows pre-retirees to save $10,000 more between the ages of 60 and 63. So, what do we think about these possible retirement planning changes and how could they make planning more flexible?
The article mentioned in today’s show: Senate retirement bill benefits wealthy Americans | The Hill
What we discuss on the show:
1:29 – RMD age moving to 75
6:53 – Saving $10,000 more between 60 and 63
8:27 – It allows you the flexibility to save more
9:42 – Are Roth IRAs really a gimmick?
13:26 – B-partisan support for this bill
Get additional information: https://greenwaywealthadvisory.com/podcast/
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.