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SECURE 2.0 Minimum Required Distribution Rules Changes

SECURE 2.0 Act of 2022 makes significant changes to the legal and administrative compliance landscape for U.S. retirement plans. SECURE 2.0 provisions will impact how employers structure and administer their 401k plans, pension plans and employer-sponsored retirement plans.
Revenue Service Foley Lardner Internal Revenue Code Roth Accounts Internal Revenue Service Defined Contribution Plans

SECURE 2.0 Impact for 2023

The President signed the SECURE 2.0 Act, which was a part of the Consolidated Appropriations Act of 2023, a must pass appropriations bill. SECURE 2.0 includes more than 90 provisions and effective dates range from immediate to 2033. The Act is 3 times longer than the original.
Treasury Department Communications To Unenrolled Employees Section Setting Every Community Up For Retirement Enhancement Retirement Enhancement Act Consolidated Appropriations Act Client Alert

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