The Client Opportunities to Be Found in
The Enhancing American Retirement Act

Also Known As SECURE Act 2.0

Soon after the SECURE Act passed in 2019, ideas for more retirement account improvements began to circulate. By late 2020, the financial media was excitedly reporting what was in the new legislation. Finally, after a long, anticipated wait, the SECURE Act will now become law with the Enhancing American Retirement Now (EARN) Act.

The new legislation includes many new tax incentives and client planning opportunities that estate planners of all designations must understand in order to provide better guidance and help for clients.

This is why we have turned to the nation’s leading IRA and tax planning authority, Robert S. Keebler, CPA/MST, AEP (Distinguished), CGMA to put together this very timely presentation entitled, “Enhancing American Retirement Now: The EARN Act (AKA SECURE 2.0)”.

In this 60-minute presentation, Bob will cover the following:

• An increase in the age for RMDs to begin taking RMDs

• Catch-up contribution adjustments for taxpayers ages 60 to 63

• Inflation adjustments for catch-up contributions

• Planning opportunities between 529 Plans and Roth IRAs

• Expanded savers matches

• Removal of the qualified life annuity limitation

• An increase in the QLAC limitation

• A special provision for qualified birth or adoption distribution

• Changes to employee certification of deemed hardship distribution

• Modifications to the statute of limitations for excess contributions

• Penalty-free withdrawals from retirement plans in the case of domestic abuse

• Retroactive first-year elective deferrals for sole proprietors

• Modification of the treatment of IRAs involved in prohibited transactions

• Important clarifications of the excise tax when transfers are made to an IRC §72(t) SEPP Plan

• The deadline for the Treasury to issue legislative regulations on rollovers

• Special provisions regarding Roth 401(k) plans and whether they must follow the RMD rules

• A new exception to the 10% penalty under early distributions from qualified plans for individuals with a terminal illness

• Provisions that will allow a surviving spouse to elect to be treated as the employee of a qualified plan participant (especially helpful for asset protection purposes!)

• Changes in the exemption for early withdrawals for the Age 50 Rule

• Special rules for the use of retirement funds in connection with qualified disasters

• The elimination of the 10% excise tax on corrective distributions of excess contributions

• The treatment of student loans for purposes of matching contributions

• The modification of the rules providing for withdrawals for emergency expenses

• A new provision allowing for non-elective contributions to SIMPLE plans

• A reduction in the late RMD excise tax

• A one-time election for qualified charitable contributions to charitable remainder trusts

• An important modification of the RMD Rules for Special Needs Trusts in an attempt to address the concern regarding Medicaid repayment provisions under state law.

Your purchase includes an instantly downloadable video and audio recording and PDF handout materials.  A PDF transcript is available as an add-on for an additional fee.