Here’s What You Need To Know About The SECURE 2.0 Act (Ep. 19)

Get ready to kick off the start of season 2 of Beyond Your Money with an in-depth look at the SECURE 2.0 Act (Setting Every Community Up For Retirement Enhancement).

In this episode, Mike Dukovich is back to share its ins and outs, which entail a significant update to the retirement savings landscape. 

The original SECURE bill was signed into law in 2019, and its successor, the SECURE 2.0 Act, was signed into law on December 29, 2022. While there are numerous changes introduced by this bill, Mike focuses on the ones that are particularly relevant to his clients.

Mike discusses:

• The changes to the required minimum distribution (RMD) age and how that may impact you
• The role of potential tax saving strategies when it comes to the SECURE 2.0 Act
• The expansion of catch-up contribution limits
• If you don’t see it, you don’t miss it: The value of saving for retirement 
• What you need to know about student loan payments and college savings
• And more!

Connect with Mike Dukovich:

• Michael.Dukovich@rbc.com 
• (724)933-4446
• RBC Wealth Management
• LinkedIn: Mike Dukovich
• LinkedIn: RBC Wealth Management

Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.

RBC Wealth Management does not provide tax or legal advice. All decisions regarding the tax or legal implications of your investments should be made in connection with your independent tax or legal advisor. No information, including but not limited to written materials, provided by RBC WM should be construed as legal, accounting or tax advice.

RBC Wealth Management, a division of RBC Capital Markets, LLC, registered investment adviser and Member NYSE/FINRA/SIPC.

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