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ARTICLE · 02 FEBRUARY 2023

Webinar Replay: What To Know About SECURE 2.0

McDermott Will & Emery
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What do retirement plan professionals and participants need to know about the recently passed SECURE 2.0 Act of 2022? In this webinar replay, McDermott's Employee Benefits team discusses...

United StatesEmployment and HR
Sarah L. Engle
Sarah L. Engle
Jeffrey M. Holdvogt
Jeffrey M. Holdvogt
Andrew C. Liazos
Andrew C. Liazos
Lisa K. Loesel
Lisa K. Loesel
Jacob M. Mattinson
Jacob M. Mattinson
Brian J. Tiemann
Brian J. Tiemann

What do retirement plan professionals and participants need to know about the recently passed SECURE 2.0 Act of 2022? In this webinar replay, McDermott's Employee Benefits team discusses the many changes to retirement plans and individual retirement accounts, including the key changes for 401(k), 403(b) and defined benefit plans as well as other changes impacting health and welfare plans. Discussion topics include the following:

  1. Automatic plan enrollment and escalation
  2. Allowance of matching contributions for elective deferred student loan repayments
  3. Emergency savings option
  4. Expansion of Roth account contributions
  5. Automatic cashout, hardship and disaster changes
  6. Penalty-free distributions

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