SECURE 2.0 is a massive piece of legislation that changes the rules for how business owners accumulate and transfer wealth. While it includes over 90 provisions, three key changes matter most for high-income earners:

• The "Rothification" of Catch-Up Contributions: Historically, high earners could make pre-tax catch-up contributions to lower their current tax bill. Starting in 2026 (following a two-year administrative delay), if you earn more than $145,000 (indexed for inflation) in the prior year, your catch-up contributions must be made to a Roth account. This removes the immediate tax deduction but creates tax-free growth for the future.

• "Super" Catch-Up Limits: Effective in 2025, individuals ages 60 to 63 can contribute significantly more—up to $11,250 (indexed)—in catch-up contributions, allowing for a final "sprint" of savings before retirement. (See Section 109 details).

• 529-to-Roth Rollovers: If you overfunded a child's 529 college savings plan, you can now roll up to $35,000 (lifetime limit) of those unused funds directly into a Roth IRA for the beneficiary, tax-free. Note: The 529 account must be at least 15 years old. (See Section 126).

• Delayed RMDs: The age for Required Minimum Distributions (RMDs) has increased to 73 and will rise to 75 in 2033, allowing your tax-deferred assets to grow longer.