The SECURE Act 2.0 is shaking up the world of college savings and retirement planning.
The SECURE Act 2.0 is shaking up the world of college savings and retirement planning. In this episode, Dan Sipe and Ed Zurndorfer explore the new rule that allows unused funds from a 529 college savings plan to be rolled over into a Roth IRA, tax and penalty-free, starting in 2024. Ed breaks down the details and highlights the benefits this new rule can offer to families and individuals. Listen in as Ed navigates the required minimum distributions (RMDs) for traditional and Roth IRAs. A key takeaway is that retired TSP participants may benefit from rolling over their Roth TSP accounts.
Ed discusses:
The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.
The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.
