Passed in December 2022, SECURE 2.0 rolled out many changes over several years. Highlights include raising the RMD age (to 73 now, increasing to 75 in 2033), reducing penalties for missed distributions, boosting catch-ups for ages 60-63 (with $11,250 max in 2025), expanding automatic enrollment for new 401(k)/403(b) plans, enabling Roth matching/nonelective contributions, student loan payment matching, and greater access for long-term part-time workers.

August brings shifting expenses—back-to-school, end of summer travel, and changing bills. These financial tips for August focus on preparing early: set aside for school supplies, plan for cooling and utility costs, check your credit report, and curb impulse purchases. Taking control now helps prevent financial stress and keeps your budget steady as routines reset.

July offers a great chance for a mid-year financial reset. These financial tips for July guide you through reviewing your budget, evaluating spending on summer travel and activities, paying down credit card debt, adjusting savings goals, and preparing for upcoming expenses like back-to-school costs or insurance renewals. Staying intentional now builds momentum for the rest of the year.