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Podcast: Ready, Set, Retire!
Episode: Secure 2.0 Act: The Changing Landscape of Retirement Planning
Description: Under this new measure, starting next year, older workers earning more than $145,000 will be required to use an after-tax Roth 401(k) rather than the traditional pre-tax 401(k). However, since many employers do not offer Roth 401(k)s, the IRS has extended the deadline to 2026. Steve breaks down what this means for you and your retirement strategy. He also emphasizes the importance of diversifying your retirement savings to reduce dependency on government-controlled plans. With the government's ever-changing rules and regulations, having different financial buckets can provide greater stability and control over your retirement. If you're concerned...