SECURE Act 2.0

On December 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023, which included SECURE 2.0 Act of 2022. Major provisions include emergency savings options, auto-enrollment requirements for new plans, part-time worker eligibility, and an employer match for student loan repayment. There will be no required minimum distribution rules for Roth portions of qualified employer plans. Regulations and other guidance will be posted here as they become available.

Webcasts

SECURE 2.0 Act—Get the Most out of Your Plan

SECURE 2.0 Act offers employers various ways to change their plans including the ability to include student loan benefits in plans, tools to help employees establish an emergency savings account, expanded tax credits for new retirement plans and more.

Watch Webcast

Blogs

Quick Links

Overviews of SECURE 2.0 Act

• SECURE 2.0 – Navigating the Compliance Landscape [Enterprise Iron]
• SECURE 2.0 Defined Contribution Retirement Plan Provisions Snapshot [Multnomah Group]
• User's Guide to SECURE 2.0 [Mercer]
  
• Pocket Guide to SECURE 2.0 [Proskauer]
  
• SECURE 2.0: Major Provisions Impacting Defined Benefit Plans [Aon]
  
• SECURE 2.0: What Plan Sponsors, Administrators, and Recordkeepers Need to Know [Milliman]
  
• Section-By-Section Summary [Senate Finance Committee]

Analysis of Select Provisions

• DOL and IRS Weigh In on Pension-Linked Emergency Savings Accounts [Calfee]
• Retirement Lost & Found: DOL Proposes Voluntary Reporting [Groom]
• Automatic Enrollment: This Is The Way [Jackson Lewis]
• IRS Guidance on SECURE 2.0’s Terminal Illness Distributions [Mercer]
• IRS Offers Two-Year Transition Period to Implement SECURE 2.0 Roth Catch-Up Requirement [Proskauer]
  
• DOL Seeks Information for SECURE 2.0 Disclosure Guidance [Segal]
• Practical Considerations for Adding a Match for Student Loan Payments [Polsinelli]
• Long-Term, Part-Time Employees Proposed Rule [DWC]
• IRS Issues Interim Guidance on SECURE 2.0 Self-Correction Expansion [Faegre Drinker]
  

Additional Resources

• Legislative Tracker (U.S.)
• Regulatory Updates
• Canadian Legislative Scorecard
• Sample Documents