Surgent's Update on the SECURE 2.0 Act
Online
2.00 Credits
Member Price $99.00
Non-Member Price $134.00
Overview
This course provides a comprehensive analysis of the SECURE 2.0 Act. The principal focus of the Act is to expand retirement coverage and increase retirement savings. As such, the Act has many important changes relating to IRAs and qualified plans. This legislation alters the landscape of retirement planning for taxpayers of all ages. Make sure you are up to date with the latest information available in order to effectively advise your clients on these important changes.
Objectives
- Understand the latest nuts and bolts rules on retirement for yourself and your accounting and finance clients
- Competently discuss the current state of retirement planning with your accounting and finance clients
Highlights
- Automatic enrollment requirements for 401(k) plans
- Change in the credit for small employer pension plan startup costs
- $2,000 saver’s match
- Changes in pooled employer plans
- Multiple employer 403(b) plans
- Increase in age for required beginning date for mandatory distributions
- Indexing IRA catch-up limit
- Higher catch-up limit to apply at age 60, 61, 62, and 63
- Treatment of student loan payments as elective deferrals for purposes of matching contributions
- Application of credit for small employer pension startup costs to employers who join an existing plan
- Small immediate financial incentives for contributing to a plan
- Withdrawals for certain emergency expenses
- Starter 401(k) plans for employers with no retirement plans
- Improving coverage for part-time workers
- Recovery of retirement plan overpayments
- Tax treatment of IRAs involved in a prohibited transaction
- Clarification of substantially equal periodic payment rule
Designed For
Any accounting and finance practitioner advising clients with respect to new pension and other changes brought about by the SECURE 2.0 Act
Prerequisites
None
Preparation
None
Notice
To access this program, log into your CTCPA account at https://www.ctcpas.org/my-cpe/upcoming and click on the orange “Launch Event” button.
Leader(s):
Leader Bios
Michael Tucker, Surgent McCoy CPE, LLC
MICHAEL J. TUCKER, CPA, MBA, J.D., LL.M., Ph.D. Mike is an employee of Surgent McCoy CPE, LLC. He authors materials and scripts for the monthly Edward Jones sponsored All Star Tax programs. Mike also writes materials for and conducts almost daily webinars on a variety of tax related topics. Mike works in the offices of T. M. Byxbee Company, CPAs, Mike’s duties at T.M. Byxbee Co. involve advising individual and business clients on a wide variety of transactional matters. Mike was formerly a professor of accounting at Quinnipiac University, in Hamden, CT, where he taught graduate and undergraduate law and tax programs. Mike received his J.D. from New York University and his LL.M. from Georgetown University Law Center. He is a CPA and received his Ph.D. from the University of Houston.
Non-Member Price $134.00
Member Price $99.00