Joe Anderson
ABOUT Joseph

As CEO and President, Joe Anderson has created a unique, ambitious business model utilizing advanced service, training, sales, and marketing strategies to grow Pure Financial Advisors into the trustworthy, client-focused company it is today. Pure Financial, a Registered Investment Advisor (RIA), was ranked 15 out of 100 top ETF Power Users by RIA channel (2023), was [...]

Alan Clopine

Alan Clopine is the Executive Chairman of Pure Financial Advisors, LLC (Pure). He has been an executive leader of the Company for over a decade, including CFO, CEO, and Chairman. Alan joined the firm in 2008, about one year after it was established. In his tenure at Pure, the firm has grown from approximately $50 [...]

Congress passed the largest retirement savings reform in more than a decade when they passed the Secure Act also known as the Setting Every Community Up For Retirement Enhancement Act. Do you know what the Secure Act means for you and your retirement? Financial professionals Joe Anderson and Alan Clopine help you to become Secure Act Savvy by breaking down the changes in the rules and regulations to enable you to make the most of your financial plan moving forward.

SECURE Act Guide

Important Points:
(00:45) – The SECURE Act

(01:16) – Retirement Savings

(02:43) – SECURE Act Savvy

  • Required Minimum Distribution Changes
  • Repeal of Age Limit on IRA Contributions
  • Repeal of the Stretch IRA
  • Notable 401(k) Changes

(03:46) – Key Ages to Remember For Retirement Planning

(05:08) – Required Minimum Distribution (RMD) Changed to Age 72

(06:49) – Calculating your Required Minimum Distribution

(10:26) – The 10-year rule on Beneficiary IRAs

(12:39) – Stretch Exemptions

(13:25) – Tax Rates

(19:23) – Changes in 401(k) plans under the SECURE Act

(21:35) – Ask the Experts

(23:55) – Pure Takeaway: Secure Act Savvy

  • Required Minimum Distributions – Age 72
  • IRA Contributions – No Age Limit
  • Repealed Stretch IRA – Roth conversions?
  • Changes in 401(k)s – May help your savings

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