Liz Weston: Saving for retirement just got more complicated

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Liz Weston: Saving for retirement just got more complicated

https://finance.yahoo.com/news/liz-weston-saving-retirement-just-102301039.html

The Secure Act 2.0 legislation that passed late last year added new retirement savings options but also has a few potential catches for unsuspecting savers. In my last column, I covered one set of these changes: new exceptions to the 10% federal penalty for tapping retirement money early. Catch-up provisions have long allowed older workers to put more money into retirement plans.

Liz Weston: Saving for retirement just got more complicated