By 2050, the United States will face a $137 trillion* retirement income gap. If projections hold, most American retirees will outlive their savings by 8-20 years on average.
At C2P, we know that’s unacceptable, so we’ve compiled not only a deep understanding of the changes made by the SECURE Act 2.0, but also developed planning strategies to mitigate any pitfalls and leverage the new rules to boost client savings.
The SECURE Acts highlights:
- Extended the required minimum distribution from age 72 to 73
- Reduced penalty from 50% to 10% for missing a required minimum distribution
- Allows employer matching to be allocated to their Roth account
- Increased the contribution to a QLAC from $145,000 to $200,000
- Increased retirement plan catch-up contributions for those ages 60 to 63 in 2025
- Allows a 529 to Roth IRA rollover starting in 2024
- Creates Roth SEP IRA or SIMPLE IRA options
- Allows for a $50,000 IRA charitable rollover to a charitable gift annuity or charitable remainder trust
Dave will go live for 1 hour on Thursday, February 16th at 12:00 EST to give you a clear and comprehensive overview of the SECURE Act 2.0, including powerful planning strategies for you to take advantage of.
Dave Alison, CFP®, EA, BPC
President & Founding Partner | C2P Enterprises
Founder | Alison Wealth Management
ABOUT DAVE ALISON
Dave Alison, CFP®, EA, BPC, is an accomplished financial planner and entrepreneur with a passion for helping advisors take their business and planning capabilities to the next level.
Dave has a unique ability to turn a vision into reality. As President and founding partner of C2P Enterprises, he is responsible for the continuous innovation and execution of our enterprise’s platform to educate, train, grow & support holistic financial advisors so families can achieve prosperity. Dave is engaged in a leadership capacity and serves as a subject matter expert across all aspects of the enterprise with a concerted effort to drive the company’s key growth initiatives.
In addition to his role at C2P Enterprises, Dave is on the leadership team of C2P Enterprises’ Clarity Insurance Marketing, a fiduciary-friendly insurance marketing organization (IMO); Valor Capital Management, a registered investment advisor operating as a Turnkey Asset Management Program (TAMP) and a fund strategist; Prosperity Capital Advisors, a nationally branded corporate RIA bringing valuable resources and capabilities to independent IARs; and Clarity 2 Prosperity, a financial training, coaching, and IP development organization.
Dave’s ability to engineer advanced financial, tax, investment, insurance, and estate planning needs into one holistic plan also led him to found Alison Wealth Management, which serves clients virtually across the U.S. Dave is also a member of the Financial Planning Association® and Million Dollar Round Table (MDRT).
Dave and his wife, Alana, live just outside Charleston, South Carolina; they are the proud parents of three beautiful daughters.