Seasons Greetings, Happy Holidays, Merry Christmas …. Financial stuff “Heads Up” Secure Act 2.0!

Wishing everyone a Season’s Greeting, Happy Holidays and a Merry Christmas!

As a “Heads Up” in the Financial world, there is a Bill (Secure Act 2.0 aka HR 2954) going through Congress that is likely to pass before years end … Recall in late December of 2019 Secure Act 1.0 was passed and signed into law, only to be lost in the multitude of laws around the virus and relief…

While not into law yet…. a few high points include:

Another increase in RMD (Required Minimum Distributions) age to 73 – currently age 72

401k and other similar increased contribution levels

Will keep you posted… but wanted to let you know we are watching closely!

Best Wishes and Have a Safe and Happy Holidays!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.



Leave a Reply