Updated 12/1/2023

The SECURE Act 2.0 implements several changes that affect many different areas of financial planning. Many clients will have questions about how this impacts them — and what they should be doing about it. That’s where you step in.

Using this checklist, you will be able to effectively highlight the important changes that affect your client, identify some proactive planning points to consider, and be able to chronologically prioritize which next steps should be taken. This checklist covers many important issues to consider as a result of the SECURE Act 2.0, such as:

• Understanding and prioritizing the chronological order of new changes.
• Explaining changes made to retirement planning, including RMDs, employer contributions, catch-up contributions, and much more.
• Highlighting the several new ways of accessing retirement funds without incurring a penalty.
• Introducing entirely new planning points to consider, such as the 529-to-Roth transfer, the new Emergency Savings Account, and the retroactive establishment of solo 401(k) plans.

Access a client-facing email template here.