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Changes in Retirement Savings Rules to Know

Changes in Retirement Savings Rules to Know

The Savvy Investor Podcast ยท Mike Canet

August 20, 202426m 35s

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Show Notes

Mike discusses tax planning and retirement savings rules that have recently changed, including the elimination of required minimum distributions (RMDs) from Roth 401(k) plans and the reduction of penalties for missed RMDs.

The discussion also touches on the importance of tax planning and maximizing the benefits of 401(k)s and IRAs. The conversation concludes with a mention of catch-up contributions for high earners and alternative solutions for tax-savvy individuals.

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Topics

tax planningretirement savings rulesRMDsRoth 401kretirementfinancial advisortax savings