Congress recently passed new legislation to expand the Secure Act of 2019. The recent provisions are referred to as the Secure Act 2.0. Many of these provisions are effective as of this year, while some will not become effective until 2024 or even years later. The recent change includes tax incentives to encourage more employers to provide plans for their workers, simplify plan administration and help workers save more for retirement.
To help you navigate the new rules, we have included some literature below that summarizes some of the key changes and sets forth guidelines as to what is effective as of 2023 and what will become effective in 2024.
Read The Secure Act 2.0 At-A-Glance Below
Read The 10 Things You Need to Know About Secure 2.0 Below