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Astoria Strategic Wealth

Retirement Account Legislation: Secure ACT 2.0

The Secure Act 2.0 was passed on December 23rd (2022) and is the latest piece of ‘light’ reading that Congress passed to expand upon the Secure Act of 2019. From increased contribution limits, to deferred age requirements, to additional withdrawal provisions, much of the legislation is aimed at making it easier to get money in, and out, of retirement accounts. How does this legislation impact you?