Congress recently passed the SECURE 2.0 Act of 2022. Building on
the Setting Every Community Up for Retirement Enhancement Act of
2019, SECURE 2.0 attempts to expand retirement plan coverage and
increase retirement savings opportunities for United States
workers. In this episode of Pensions, Benefits &
Investments Briefings, Michelle McCarthy and
Ashley Dunning discuss the key provisions of
SECURE 2.0 most likely to impact 401(k) and 403(b) plans sponsored
by large private-sector employers and also touch upon a few of the
provisions that will impact 401(a) plans administered by
governmental retirement systems.
Transcript: Secure 2.0 Brings Big Changes to Retirement
Plans
0:00:00.0 Ashley Dunning: Setting Every
Community Up for Retirement Enhancement Act of 2019, or the SECURE
Act, was enacted on December 20th, 2019, as part of the Further
Consolidated Appropriations Act of 2020. It was the first
significant piece of federal retirement plan legislation to
