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VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
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BEGIN:VEVENT
DTSTART:20230816T160000Z
DTEND:20230816T170000Z
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SUMMARY:Deconstructing the SECURE ACT 2.0
DESCRIPTION:Virtual Workshop\nDeconstructing the SECURE ACT 2.0\n\nWednesday\, August 16th at 12 p.m.\n\n\n\nCongress recently signed into law the SECURE ACT 2.0. This Act makes sweeping changes to the way we save for retirement and offers new flexibility and opportunity for taking distributions from our retirement plans. During this workshop\, we will dive deeper into these important changes\, including:\n\n\n	The age to start taking RMDs increases to age 73 in 2023 and to 75 in 2033.\n	The penalty for failing to take an RMD will decrease to 25% of the RMD amount\, from 50% currently\, and 10% if corrected in a timely manner for IRAs.\n	Starting in 2024\, RMDs will no longer be required from Roth accounts in employer retirement plans.\n	Catch-up contributions will increase in 2025 for 401(k)\, 403(b)\, governmental plans\, and IRA account holders.\n	Defined contribution retirement plans will be able to add an emergency savings account associated with a Roth account.\n	Unused funds in 529 plans may be rolled over into a Roth IRA after 15 years\n\n\nSecure your spot today!\n\nClick here to register
X-ALT-DESC;FMTTYPE=text/html:<br />\n<br />\n<span style="font-size:24px"><span style="font-family:times new roman"><em>Virtual Workshop</em></span></span>\n<hr /><span style="font-size:24px"><span style="font-family:times new roman"><strong>Deconstructing the SECURE ACT 2.0</strong><br />\nWednesday\, August 16<sup>th</sup> at 12 p.m.</span></span><br />\n<br />\n<span style="font-size:16px"><span style="font-family:times new roman">Congress recently signed into&nbsp\;law the SECURE ACT 2.0. This Act makes sweeping changes to the way we save for retirement and offers new flexibility and opportunity for taking distributions from our retirement plans. During this workshop\, we will dive deeper into these important changes\, including:</span></span>\n\n<ul>\n	<li><span style="font-size:16px"><span style="font-family:times new roman">The age to start taking RMDs increases to age 73 in 2023 and to 75 in 2033.</span></span></li>\n	<li><span style="font-size:16px"><span style="font-family:times new roman">The penalty for failing to take an RMD will decrease to 25% of the RMD amount\, from 50% currently\, and 10% if corrected in a timely manner for IRAs.</span></span></li>\n	<li><span style="font-size:16px"><span style="font-family:times new roman">Starting in 2024\, RMDs will no longer be required from Roth accounts in employer retirement plans.</span></span></li>\n	<li><span style="font-size:16px"><span style="font-family:times new roman">Catch-up contributions will increase in 2025 for 401(k)\, 403(b)\, governmental plans\, and IRA account&nbsp\;holders.</span></span></li>\n	<li><span style="font-size:16px"><span style="font-family:times new roman">Defined contribution retirement plans will be able to add an emergency savings account associated with a Roth account.</span></span></li>\n	<li><span style="font-size:16px"><span style="font-family:times new roman">Unused funds in 529 plans may be rolled over into a Roth IRA after 15 years</span></span></li>\n</ul>\n\n<div style="text-align:center"><span style="font-family:times new roman"><strong><span style="font-size:24px">Secure your spot today!<br />\n<u><a href="https://bostonchambersofcommerce.rsvpify.com/?securityToken=aSX9iAQrsQZkvRV6ett7dru3SYgmJ6TW"><span style="color:#0000FF">Click here to register</span></a></u></span></strong></span></div>\n
LOCATION:Webinar: Register for the event at the link: https://bostonchambersofcommerce.rsvpify.com/?securityToken=aSX9iAQrsQZkvRV6ett7dru3SYgmJ6TW
UID:e.2779.5927
SEQUENCE:3
DTSTAMP:20260502T200508Z
URL:https://members.bostonchamber.com/events/details/deconstructing-the-secure-act-2-0-5927
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