Navigating Secure Act 2.0 and 401(k) Updates with Marc Fowler, Human Interest

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I am inspired by the vines that grow outside our house. Everyday, it climbs higher and higher. Learning is the same. If you keep learning, you will climb higher and higher. .

Navigating Secure Act 2.0 and 401(k) Updates with Marc Fowler, Human Interest

S2 E5 • Jan 29, 2025 • 24 mins

Key Points

The increased contribution limits and enhanced catch-up contributions under the Secure Act 2.0 make it easier for individuals to save more for retirement.
Small businesses can now benefit from significant startup tax credits, making it financially viable to offer 401(k) plans to their employees.
Part-time employees can now gain access to retirement benefits more easily, enhancing talent attraction and retention for businesses.

Speakers

Bonnie Yam

Host • 30%

Mark Fowler

Guest • 70%

Chapters

0:00	Introduction and welcome; Guest introduction: Mark Fowler from Human Interest
1:41	Overview of Secure Act 2.0 and new 401(k) contribution limits
6:39	Startup credits and auto-enroll tax credits for small businesses
12:46	Inclusion of long-term part-time employees in retirement plans
15:40	Leveraging technology for efficient 401(k) plan management
21:45	Navigating state mandates and compliance for retirement plans
22:34	Resources and tools from Human Interest; Closing remarks

Transcript

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