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SECURE 2.0 Act

Coverage of SECURE 2.0 Act in the Nexus archive.

Earliest in view: Jun 12 · 20:10 UTCMost recent: Jun 15 · 18:39 UTC
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  • BUSINESSJun 15 · 18:39 UTCWTOP DC
    10 Reasons to Save for Retirement in a Roth IRA

    The article outlines 10 benefits of Roth IRAs, including tax-free withdrawals in retirement, tax-free investment growth, and no required minimum distributions after 2024 for Roth 401(k) and 403(b) accounts under the SECURE 2.0 Act. Contributions are taxed upfront, making Roth IRAs advantageous for those in lower tax brackets or expecting higher future tax rates.

  • BUSINESSJun 12 · 20:10 UTCWTOP DC
    401(k) Hardship Withdrawals Are at Record Highs: What They Really Cost You

    Hardship withdrawals from 401(k) plans reached a record high in 2025, with 6% of participants using this option amid rising inflation and living costs. Experts warn of significant financial costs and recommend alternatives like loans or credit cards. The IRS and employers govern strict rules for qualifying needs, including medical expenses, education costs, and home purchases.