Revamping retirement: How SECURE Act 2.0 affects your business
The SECURE Act 2.0 improves retirement-saving opportunities for workers in hopes employees will start planning for retirement.
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The SECURE Act 2.0 improves retirement-saving opportunities for workers in hopes employees will start planning for retirement.
There are several new rules this year for required minimum distributions (RMDs) from traditional IRAs, 401(k)s and other tax-deferred retirement accounts.
For the second time in recent years, Congress passed broad legislation with far-reaching impact on retirement savings programs.
The bill provision expands on the original 2019 version of the legislation, with some key differences.
SECURE 2.0, which was signed into law on December 29, 2022 as part of the larger Consolidated Appropriations Act, is the most wide-sweeping retirement plan legislation enacted in more than a decade. It contains a myriad of changes.