Secure Act 2.0: Implications for Retirement Plan Sponsors & Employees

the one minute takeaway

For the second time in almost three years, Congress passed broad legislation aimed at shoring up Americans' retirement readiness with sweeping changes to retirement savings programs. The Securing a Strong Retirement Act of 2022 (SECURE Act 2.0) contains over 90 provisions that will have a profound impact on the rules governing retirement plans. The changes will have at least some impact on most plans, so plan sponsors and participants may need to, and in some cases must, take proactive steps in the near future.

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Disclosure

The views expressed in this presentation are the speaker’s own and not necessarily those of Faegre Drinker, HUB International or anyone else. This presentation is for general information only and is not intended to provide investment, tax or legal advice or recommendations for any particular situation or type of retirement plan. Please consult with a financial, tax or legal advisor on your own particular circumstances.

HUB Retirement and Private Wealth employees may be Registered Representatives or Investment Advisor Representatives of and offer Securities and Advisory services through various Broker Dealers and Registered Investment Advisers, which may or may not be affiliated with HUB International. Insurance services are offered through HUB International, an affiliate. Consult your financial professional for additional information about the provision of specific securities, investment advisory and insurance services by each broker‐dealer and registered investment adviser.

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