On December 29, 2022, the SECURE Act 2.0 was officially signed into law. The sweeping legislation builds on the 2019 SECURE Act and includes a wide range of provisions that impact retirement plans and participants.
To assist plan sponsors in reviewing this major legislation, NWCM has created the following guide that covers the background and key provisions included in SECURE Act 2.0, including a useful list of action items for plan sponsors to take now that the bill has passed. We have also created a detailed table summarizing the key provisions that could impact your plan.
Please take some time to review the resources provided and feel free to reach out to your advisor with any questions. Stay tuned for additional updates and guidance over the coming weeks and months.