Secure 2 0 Provisions

SECURE 2.0 Act — Comprehensive Provisions for CFP Exam Exam: CFP — Certified Financial Planner Chapter: Ch06 — Retirement Planning Law: SECURE 2.0 Act of 2022 (signed December 29, 2022); provisions phased in 2023–2033 Last Updated: 2026-06-26 --- ## Key Takeaways - SECURE 2.0 contains 90+ provisions affecting retirement accounts; the CFP exam tests the most impactful ones. - RMD age is now 73 (effective January 1, 2023); rises to 75 in 2033. - Ages 60–63 have a "super catch-up" for employer plans: $11,250 (2025). - 529-to-Roth IRA rollovers are now permitted — up to $35,000 lifetime. - Emergency expense distributions (up to $1,000/year) are penalty-free. - Employers may match student loan repayments as if they were retirement deferrals. - Distinguish SECURE 1.0 (2019) from SECURE 2.0 (2022) — they are separate laws. --- ## SECURE 1.0 vs. SECURE 2.0 — Key Distinction | Provision | SECURE 1.0 (2019) | SECURE 2.0 (2022) | |---|---|---| | RMD age | Changed from 70½ to 72 | Changed from 72 to 73 (then 75 in 2033) | | Post-age-70½ IRA contributions | Allowed inherited IRAs differently | Further changes to inherited IRA rules | | Part-time worker eligibility | 3 consecutive years, 500 hours | Reduced to 2 consecutive years, 500 hours (effective 2025) | CFP Exam Tip: Do not confuse the two laws. If a question says "RMD age 72" — that was SECURE 1.0. The current rule (since Jan 1, 2023) is age 73. --- ## Required Minimum Distributions (RMDs) ### RMD Starting Age | Law | RMD Age | Effective | |---|---|---| | Pre-SECURE 1.0 | 70½ | Before 2020 | | SECURE 1.0 | 72 | Jan…