Update About The Secure Act 2.0 With Rick Gallacher (Ep.25)
Congress has passed a few things that give people more opportunity to grow the amount of money they can put away and save for retirement.
In this episode, Austyn Whittenburg talks with Rick Gallacher to discuss a high level overview of the Secure Act 2.0.
Rick discusses:
- The changes to RMD’s
- The impact to the QCD
- You can now use Roth in a SEP
- A list of what can happen in your life that will allow you to still access your retirement funds
- Start up credits for small business owners
- How the new provision works called ESA
- And more
Resources:
Connect With Austyn Whittenburg:
- (801) 839-7056
- austyn@whittenburgwealth.com
- Schedule A Meeting With Austyn
- LinkedIn: Austyn Whittenburg
- Whittenburg Wealth Partners
- Twitter: Whittenburg Wealth
Connect With Rick Gallacher:
- 801.839.7057
- rick@whittenburgwealth.com
- LinkedIn: Rick Gallacher
About Our Guest:
Serving as both Financial Planning Director and Private Wealth Advisor, Rick has experience in the areas of financial modeling, asset allocation, investment selection, estate planning, personal risk management, holistic situation auditing and personal financial reporting. As a licensed CPA, he has proficiency in understanding and applying analysis to the overall economy, capital markets, corporate fundamentals, personal taxation and essential business law.
Rick is a highly organized, analytical, and detail-oriented individual. He has learned through professional and personal experience that complete and accurate data is important to make appropriate decisions. He follows this concept: theorizing before one has data inevitably causes one to twist facts to suit theories instead of theories to suit fact.
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