Retirement planning is an evolving process, and 2025 has brought new rules and planning opportunities that will affect many of your clients’ plans for this year and beyond. Additional changes take effect in 2026.
The One Big Beautiful Bill Act and the Secure 2.0 Act are behind most of these policy shifts, many of which affect both individual clients and retirement plan sponsors.
Several of these changes involve catch-up contributions for older plan participants. The higher federal deductibility cap on state and local taxes and the new $6,000 deduction for taxpayers 65 and older are key elements in both tax and retirement planning for clients. The potential addition of alternative investments in 401(k) plans has implications for both individuals and plan sponsors.
Whether you advise individuals, plan sponsors or both, here's what to know about how retirement planning is changing in 2025 and beyond.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.