December 2023 - Private Tax Solutions

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14 Dec 2023
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The Setting Every Community Up for Retirement Enhancement 2.0 Act, which we will call SECURE 2.0, became law in late 2022. SECURE 2.0 is the sequel to the original SECURE Act, which became law back in 2019. SECURE 2.0 includes a bevy of mostly taxpayer-friendly changes, including one that enhances the limits for retirement account catch-up contributions if you are age 60 to 63. <a href="https://privatetaxsolutions.com/tax-planning/adjusting-for-the-new-retirement-plan-catch-up-contribution-rules/" class="more-link" rel="bookmark">Read More</a>