What Does the SECURE 2.0 Act Mean for Retirement Strategies?

The widely anticipated SECURE 2.0 Act of 2022 became law in December 2022 as part of the omnibus spending bill passed by the U.S. Congress. The legislation outlines a wide variety of updates to retirement plan rules for individuals and plan sponsors alike. Some of the changes take effect in 2023 while other changes will phase in over the next several years. This overview of the SECURE 2.0 Act and the accompanying webcast provide insights on how the Act may affect your retirement strategies moving forward.