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421 | Secure Act 2.0 Deep Dive | Sean Mullaney

421 | Secure Act 2.0 Deep Dive | Sean Mullaney

FromChooseFI


421 | Secure Act 2.0 Deep Dive | Sean Mullaney

FromChooseFI

ratings:
Length:
44 minutes
Released:
Jan 23, 2023
Format:
Podcast episode

Description

In this episode: taxes, the secure act 2.0, the best news, roths, 529's, catch-up contributions, and the new options you have. On December 29th 2022, Joe Biden signed into law the Secure 2.0 Act. As this law may have ramifications on your retirement tax planning, to stay ahead of the curve we decided to have The FI Tax Guy Sean Mullaney back on the show to discuss what this law is and ways one may be able to approach and utilize it going forward with there retirement planning. While laws and regulations may change, staying prepared and aware can keep us worry free as we prepare for the tail end of our FI journey! The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Sean Mullaney: Website: fitaxguy.com Book: "Solo 401k: The Solopreneur’s Retirement Account" Twitter: @SeanMoneyandTax Timestamps: 1:25 - Introduction 2:55 - The Most Important Change and The Best News 14:19 - More Roth Options 27:05 - The Backdoor Roths And Catch-Up Contributions 31:46 - New Options For 529's 42:27 - Conclusion Resources Mentioned In Today's Episode: Secure 2.0 and The FI Community Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance
Released:
Jan 23, 2023
Format:
Podcast episode

Titles in the series (100)

Jonathan & Brad explore the world of Financial Independence. They discuss reducing expenses, crushing debt, building passive income streams through online businesses and real estate. How to pay off debt, Crush your grocery bill and travel the world for free. Every episode is packed with content and actionable tips and no topic is too big or small as long as it speeds up the process of reaching financial independence.