The Consolidated Appropriations Act of 2023 was signed into law on December 29, 2022, and has ushered in one of the most significant pieces of retirement plan legislation in recent.
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.
President Biden signed the Consolidated Appropriations Act, 2023, on December 29, 2022, which includes the package of retirement plan legislation known as “SECURE 2.0.” SECURE 2.0.