SECURE ACT 2.0 / Annual Meeting
The SECURE Act 2.0 is a follow-up bill to the original SECURE Act passed in late 2019. Although the SECURE Act 2.0 does not contain any changes as drastic to retirement planning as the original SECURE Act, it does include a comprehensive set of provisions that are intended to help a large swath of Americans and employers with retirement saving. While there are over 90 provisions in the act, many are geared towards changes to employer sponsored retirement plans. Some traditional planning strategies involving IRAs have also been impacted. Many of the key provisions are effective between 2024 and 2025 but some, such as the increase in RMD age to 73, are effective in 2023.
Join us for highlights and some key financial planning takeaways of the SECURE Act 2.0 and how they impact you and your clients!
This will also be our Annual Meeting with the Board of Directors being slated for the upcoming season.
Panelists:
- Sharon A. Piet: Co-founder, My Advisor & Planner | Wealth Manager, RJFS. Sharon started in the industry in 1999. Prior to joining My Advisor & Planner, she was an owner in a woman-owned Broker/Dealer in Chicago where she developed an extensive institutional securities trading desk. Sharon also worked at the firm's Municipal Bond Underwriting Sales desk. Along with institutional equity and fixed income sales, Sharon particularly enjoyed working with individual high-net-worth clients, leveraging her institutional knowledge to benefit the individual investor. Partnering with Tom has enabled Sharon to pursue her passion in working with individual high-net-worth clients. Sharon is a former Director on the Board of the Geneva Women in Business and a current member of WiPN (Women in Pensions Network). She is also active in several community charities, Chambers of Commerce, and her Parish. Sharon and her husband, Tony, reside in Geneva, IL, and have three grown children.
- Michael J. Holevas CFA: Private Wealth Team, My Advisor & Planner | Wealth Manager, RJFS. After graduating as a student-athlete from Valparaiso University with a B.B.A. in Finance, Michael started his career at Allstate Investments in their corporate office. He was promoted several times before reaching the position of Senior Financial Planning Consultant in 2018. His interest in changing his focus from Allstate's corporate portfolio to individual's portfolios resulted in his accepting an offer to join InterOcean Capital Group in 2019. During his tenure at InterOcean, Michael rose from Financial Analyst to Portfolio Manager while also becoming a CFA Charterholder. Michael joined the wealth management team at My Advisor & Planner in April of 2022 where he works side by side with Sharon and Tom to help assure clients' lifestyle and legacy.Having recently relocated his family to Geneva, he has already become a member of several Chambers of Commerce. Along with Jess, his wife (who is a Pediatric Nurse), and their young son, they look forward to settling in at their new church and volunteering at local charities.
