SECURE 2.0: Securing a Strong Retirement Act of 2022 FLEXCAST

Overview

The introduction of the SECURE 2.0 Act of 2022 represents a significant shift in the retirement savings landscape, presenting both opportunities and challenges for professionals in tax, accounting, and finance. Navigating the intricacies of these new regulations, with their varying effective dates and complex provisions, can be a daunting task. This course offers a comprehensive solution to this challenge by providing an in-depth analysis of the SECURE 2.0 Act. Beginning with the current state of retirement savings, it moves through the changes introduced by the act, including automatic enrollment and escalation requirements for employer-sponsored plans, increased catch-up contribution rules, and the impact of Section 529 Plans and Student Loan Payments on retirement savings. The course also clarifies the new credits available for pension plan start-up costs, making it an invaluable resource for professionals seeking to understand and apply these significant legislative changes in their practice.

Highlights

Expanding coverage and increasing retirement savings. Preservation of income. Simplification and clarification of retirement plan rules. Technical amendments. Administrative provisions. Revenue provisions. Tax Court retirement provisions.

Prerequisites

None.

Designed For

CPAs, EAs, CRTPs, and other tax professionals.

Objectives

Understand the automatic enrollment and escalation requirements for employer sponsored plans. Explain the increased catch-up contribution rules. Discuss how Section 529 Plans and Student Loan Payments impact retirement savings. Understand the new credits for pension plan start-up costs.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.