Secured Act 2.0 with Michael Van Husen

Bonnie Yam introduces today's topic with guest Michael Van Husen, focusing on the New York State Secure Choice Savings Program. They provide an overview of tax credits and incentives under Secure 2.0, discuss penalties for non-compliance, and outline retirement plan requirements. The episode also covers the implementation timeline for new retirement plans and explores retirement plan options for business owners with Paychex. Closing remarks emphasize the importance of seeking professional advice.

(0:00) Introduction and today's topic with guest Michael Van Hueson
(2:04) New York State Secure Choice Savings Program overview
(4:07) Tax credits and incentives under Secure 2.0
(6:12) Non-compliance penalties and retirement plan requirements
(7:14) Implementation timeline for new retirement plans
(8:10) Retirement plan options for business owners with Paychex
(10:06) Closing remarks and encouragement to seek professional advice