The SECURE Act 2.0, that stands for Setting Every Community Up for Retirement, is an improved piece of legislation, expanding on the original SECURE Act that was first passed in December 2019. The new rendition of this legislation could have big implications and might change when you are required to take minimum distributions.
In this episode, Beth Blecker is joined by Sarah Brenner, Director of Retirement Education from Ed Slott & Company to talk about the new rendition of the Secure Act 2.0 and how it will affect your portfolio.
Sarah has worked for almost twenty years helping clients solve complex technical IRA questions. She has been a contributing writer for many IRA texts, articles and training manuals and has been quoted in national financial and tax publications such as CCH IRA Guide.
She is an experienced speaker who has educated thousands of professionals in the financial industry including attorneys, CPAs, bankers, financial advisors, and brokers on retirement plan rules. Sarah has won praise for her ability to communicate complex laws in an easy-to-understand way and provide practical strategies for clients.
Sarah is a contributing writer and editor for Ed Slott’s IRA Advisor newsletter, distributed to thousands of financial advisors nationwide, and writes for several areas of the company’s website, www.irahelp.com. Sarah also serves as a valuable resource for the members of Ed Slott’s Elite IRA Advisor Group™, a 400+ member organization of some of the country’s top financial advisors who are dedicated to becoming experts in IRA distribution planning. She consults with firm clients and creates IRA course manuals and training programs for financial advisors.
Sarah is a graduate of Smith College and Villanova School of Law. She is a member of the Pennsylvania Bar. She practiced law with a concentration in elder law for several years and for fifteen years was a senior consultant with PMC, Pension Management Company, an independent IRA consulting firm for financial organizations nationwide.
Securities and investment advisory services offered through Royal Alliance Associates, Inc. (RAA), member FINRA/SIPC. RAA is separately owned and other entities and/or marketing names, products or services referenced here are independent of RAA.
The year is almost over and that means it’s time to focus on those things you might have been pushing off until these final months of the year.
In this episode, Matthew Blecker outlines five key processes you might want to consider revisiting before the year end. He explains how having enough money in the bucket is important when riding out any bear market in stocks or bonds and making sure you are protected in the case where the economy takes a big hit.
Which of your buckets should be refilled and maintained going into 2023
The importance of rebalancing your portfolio on a timely basis
How you can adapt your portfolio to the tax bracket you are in for more effective planning
Saving and spending money are both critical steps in order to achieve the financial stability you are hoping for.
But too much of either, can be just as bad for your bank account.
In this episode, Beth Blecker talks about the differences savers and spenders need to make inorder to have financial stability throughout the rest of their lives. Beth also incorporates the different stages in life everyone goes through, but affects everyone differently when it comes to either saving or spending.
If spenders and savers can find a common ground or are they just too different
The difference between saving when you first start working compared to when your near your retirement
How a properly managed cash flow analysis can help you budget
How Beth and Matt help clients nearing retirement who are spending too much
Real life stories of people who have more money than they thought during retirement
Retirement should be worry free. But in most cases, many people feel under financial pressure when approaching those retirement years.
So how do you determine how much you need when you retire to live the life you want?
In this episode, Beth Blecker talks about how to prepare for a retirement that fits your needs, and wants, for both spenders and savers. Beth will share some of the biggest mistakes, and gives you guidance on how to prepare for the retirement of your dreams.
What pensions are and what to do if you don’t have a pension
Positives and negatives of Social Security
Why moving to a cheaper state for many entering retirement is the best financial decision
What age most people start seeking advice vs when you should start seeking retirement advice
As you look to the future, will you have the resources to support the lifestyle you want?
In this episode, Beth Blecker and Matthew Blecker share some of the financial opportunities made possible by the Secure Act and availability of Roth Conversions. Along with the important distinction between retirement and estate planning.
Beth and Matthew discuss:
The ways Roth Conversions can help you minimize your taxes
Pros and cons of Roth Conversions
How the Secure Act II would change the starting age
The difference between retirement planning and estate planning
As you enter retirement, you want to be sure the professionals handling your finances, and helping advise you on making major financial decisions, have the best interest for you at heart.
In this inaugural episode, Matt Blecker CFP, CFA, MBA, shares his story on how he became a financial planner and created Eastern Planning with his mother Beth Blecker. Also, learn why he strives towards completing a secure and beneficial financial plan for each of his client’s retirement.
His ideal client and how Eastern Planning uses minimal marketing efforts while still achieving their desired level of success
How he is able to provide full service financial planning
His proudest achievements and words of advice to you
Matt Blecker CFP, CFA, MBA, specializing in portfolio management and IRA distribution planning, Matt applies his strong analytical skills and diligent research to developing customized portfolios for each client. Along with investment, IRA distribution, retirement and tax planning advice, he guides clients in managing their behavior more effectively in order to maximize the benefits of investing in a diversified, long-term oriented portfolio.
Matt is known for his dedication to educational excellence—most notably his CFA® charter, CFP® certification and M.B.A. from Columbia University Business School, renowned for its value investing expertise and graduates such as Warren Buffett and Mario Gabelli. He earned his Bachelor of Science in Insurance from Pennsylvania State University.