Passed in December 2022, the SECURE Act 2.0 includes a comprehensive set of provisions intended to help many Americans and employers with retirement saving. These changes are designed to increase retirement savings opportunities, close coverage gaps, lower employers’ cost of sponsoring retirement savings plans and reduce the administrative burdens of sponsoring a plan.
Between the passing of this legislation and pending state plan mandates, now is the time to assess your employer sponsored retirement benefits. If you don't currently offer a retirement plan, considering a start-up plan may be a great added benefit to your employees. If you do offer a plan, now is the time to re-evaluate your plan design!
Learn more about ways SECURE 2.0 impacts your organization in this timely white paper.
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