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2025 401(k) Updates You Should Know | Queer Money Ep. 558

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内容由Queer Money提供。所有播客内容(包括剧集、图形和播客描述)均由 Queer Money 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Changes to 401(k)s are coming in 2025!

In this episode of the Queer Money Podcast, hosts David and John talk with LGBTQ+ financial advisor Jake Skelhorn about significant 401k changes coming in 2025. They highlight five key changes, including updated catch-up contribution limits for those aged 50 and above, mandated Roth catch-up contributions for high income earners in 2026, and automatic 401k enrollments. Jake also explains the Secure Act 2.0’s rules on inherited IRAs and the implications for the LGBTQ+ community. They delve into strategies for investing in retirement accounts and the potential benefits for younger and late-start savers in making the most out of these new rules.

Topics Covered:

  • 00:00 Introduction to 401k Changes in 2025
  • 00:15 Meet Jake Skelhorn: LGBTQ+ Financial Advisor
  • 03:39 Catch-Up Contributions Explained
  • 05:26 Investment Strategies for Near-Retirees
  • 07:55 Changes for High-Income Earners
  • 17:57 Automatic Enrollment in 401ks
  • 22:07 Inherited IRA Changes
  • 26:57 Conclusion and Final Thoughts

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Mentioned in this episode:

Subscribe to the Queer Money Weekly Newsletter

Subscribe here to get weekly money tips, show notes, Queer Money take-aways, give-aways, access to events and more.

Subscribe to the Queer Money weekly newsletter

  continue reading

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Manage episode 449724005 series 1216255
内容由Queer Money提供。所有播客内容(包括剧集、图形和播客描述)均由 Queer Money 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Changes to 401(k)s are coming in 2025!

In this episode of the Queer Money Podcast, hosts David and John talk with LGBTQ+ financial advisor Jake Skelhorn about significant 401k changes coming in 2025. They highlight five key changes, including updated catch-up contribution limits for those aged 50 and above, mandated Roth catch-up contributions for high income earners in 2026, and automatic 401k enrollments. Jake also explains the Secure Act 2.0’s rules on inherited IRAs and the implications for the LGBTQ+ community. They delve into strategies for investing in retirement accounts and the potential benefits for younger and late-start savers in making the most out of these new rules.

Topics Covered:

  • 00:00 Introduction to 401k Changes in 2025
  • 00:15 Meet Jake Skelhorn: LGBTQ+ Financial Advisor
  • 03:39 Catch-Up Contributions Explained
  • 05:26 Investment Strategies for Near-Retirees
  • 07:55 Changes for High-Income Earners
  • 17:57 Automatic Enrollment in 401ks
  • 22:07 Inherited IRA Changes
  • 26:57 Conclusion and Final Thoughts

Follow us:


Mentioned in this episode:

Subscribe to the Queer Money Weekly Newsletter

Subscribe here to get weekly money tips, show notes, Queer Money take-aways, give-aways, access to events and more.

Subscribe to the Queer Money weekly newsletter

  continue reading

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