Retirement Plan changes in 2025

By Mike Switzer

Published February 18, 2025 at 6:30 AM EST

Mike Switzer, host of the South Carolina Business Review

Every year, it seems, there are new rules for retirement plans. And 2025 is no different. Our next guest will fill us in on the details. Mike Switzer interviews Scotty Scott, a certified financial planner with Abacus Planning Group in Columbia, S.C. Retirement Savings Lost and Found Database, hosted by the U.S. Department of Labor.

Tags

Mike Switzer

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.

See stories by Mike Switzer