3/14/23 SECURE 2.0 Act: Did You Know?
On December 29, 2022, President Biden signed into law the SECURE 2.0 Act of 2022 as a part of the larger federal funding omnibus bill. This legislation is a meaningful step for the retirement security of all Americans to help improve individual's ability to save for retirement, expand access to retirement plans, and ease plan administration for employers.
Get a head of the curve in 2023 and listen to The Siekmann Company’s President Aaron Siekmann and T.Rowe Price's Senior Retirement Strategist Michael Doshier for an interactive learning experience as they share key provisions, additions, and enhancements made to the SECURE ACT, including:
- Significant expansion of startup tax credits for new plans
- Introduction of the ‘Roth Match’
- Increases and updates to catch-up provisions
- Changes involving student loan payments, disaster relief, and emergency savings