The SECURE Act, passed just before the onset of the COVID-19 pandemic at the end of 2019 ("SECURE 1.0"), significantly altered the retirement plan landscape.
Seyfarth Synopsis: The SECURE Act, passed just before the onset of the COVID-19 pandemic at the end of 2019 (“SECURE 1.0”), significantly altered the retirement plan landscape. For a.
On December 19, 2022, the Senate Appropriations Committee released the 2023 Consolidated Appropriations Act (“Act”), which includes retirement legislation called the “Secure 2.0 Act.”.
SECURE 2.0 Act of 2022 SECURE 2.0 extensive piece of legislation aimed at retirement plan reform, is included in the Consolidated Appropriations Act, 2023 Spending Bill. The 4,000 page, $1.7 trillion Spending Bill was released early morning on Tuesday, December 20.