Some provisions from the SECURE 2.0 Act are already in effect — and many are still on the way — helping to expand access to employer-sponsored retirement benefits and increase retirement readiness for more American workers. SECURE 2.0 added many substantial incentives for employers to adopt or enhance a retirement plan and several changes that will help employees save for retirement. As with any legislation, employers and employees have questions surrounding the changes and the impact on their retirement planning and payroll, including new compliance elements.
Join us for a SECURE 2.0 update and receive practical advice and best practices as you continue to navigate this legislation, including:
- Catch-Up Contributions: What change is required and how can employers comply with it?
- Qualified Disaster and Emergency Withdrawals: When can participants withdraw retirement funds?
- Employer Match and NEC as Roth: What are the options for employers and employees on electing how to treat employer contributions?
- Student Loan Match: How can employers make matching contributions based on student loan payments?
- Emergency Savings: How can employees benefit from in-plan savings features?
- Required Minimum Distributions: When must participants take distributions from their retirement plan, and what is the change regarding Roth Accounts within 401k plans?