Today on Your Money, Your Wealth® podcast 412, Joe Anderson, CFP® and Big Al Clopine, CPA are back with a SECURE Act 2.0 recap and a proposed backdoor 529 plan strategy from the new law. Plus, is there a scenario where it makes sense to not max retirement accounts, to avoid being retirement rich and cash poor? Also, the fellas’ thoughts on a break-even point for Social Security, required minimum distributions (RMD) from inherited IRAs, and Roth IRA strategies: the 5-year rules for Roth withdrawals, preserving Roth money and avoiding early withdrawal penalties, and Roth conversions to offset brokerage account losses. Show notes, transcript, free financial resources, Ask Joe & Big Al On Air for your Retirement Spitball Analysis: 00:00 - Intro 01:17 - SECURE Act 2.0 Post-Retirement 529 Backdoor Roth IRA Strategy? (Eric, Sacramento) 06:22 - High Level SECURE 2.0 Recap 09:12: SECURE Act 2.0 Guide - free download: 09:51 - What’s the Break-Even Point to Claim Social Security
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