Understanding SECURE 2.0

The White House with clouds in the sky

The Consolidated Appropriations Act, 2023, passed Congress and was signed by the President on Dec 29, 2023 (the “date of enactment”). Division T, dubbed “Secure Act 2.0”, enacts 90 provisions aimed at expanding coverage and increasing retirement savings. Many of these provisions take effect January 1, 2023 so advisors and plan sponsors may need to take proactive steps right away.

Register Today!In this webinar, RPAG will provide an overview of the provisions that affect 401(k) and 403(b) retirement plans. Topics include:

  • Expanding automatic enrollment in retirement plans
  • Increase in age for minimum required distributions
  • Higher catch up limits
  • Treatment of student loan payments as elective deferrals for purposes of matching contributions
  • Coverage for part-time workers
  • Emergency savings accounts linked to defined contribution plans
  • Enhancement of 403(b) plans
  • Expansion of self-correction for plan operational errors under the IRS EPCRS
  • Application of top-heavy rules to plans covering “excludable employees”
  • Optional treatment of employer matching or nonelective contributions as Roth

Register Today!

Presenters:
  • John R. Nelson, Esq. Managing Director

Join us for this fact-paced, informative one-hour session. If you are unable to attend the webinar live, register now and after the webinar is finished we'll send you the on-demand version later in the day via email.

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