How the Secure Act Has Changed Retirement Planning with Joshua Caron
How the Secure Act Has Changed Retirement Planning with Joshua Caron
April 10, 2023
The Secure Act was one of the most significant systemic rewrites of retirement planning in recent history. These changes created opportunities for all ages, from young adults just out of college to individuals just starting retirement.
In this episode, Evan Wohl speaks with Joshua Caron, Vice President of Federal Affairs at Finseca, on the Secure Act, how it changed retirement planning, and the individual aspects of the Secure Act 1.0 and 2.0.
Josh discusses:
- Why the shift away from pensions was so important in retirement planning
- How student debt conflicted with retirement planning for those fresh out of college
- The change to overfunding 529 accounts and how Secure Act 2.0 changed the tax penalties for the account
- Why 401(k)s are no longer enough for retirement income and the impact of longevity on retirement planning
- And more
Connect with Josh Caron:
About Josh Caron:
Joshua Caron is the Vice President of Federal Affairs for Finseca. Originally from Massachusetts, he attended Arizona State University for both his undergraduate and graduate degrees. His primary role is to advocate for policies that allow for more Americans to live financially secure lives with a focus on the advanced markets.
Prior to joining Finseca, he worked for several political campaigns, including those former President Barack Obama and former Congressman Harry Mitchell (D-AZ). He lives with his wife, daughter, and chocolate lab in Minnesota.