Retirement Plan Law SECURE Act 2.0

Nurture your retirement accounts by following SECURE Act 2.0 laws now. 

See the retirement plan laws by year – 2023 and forward. Discover how you can make the most of the laws effecting you, your company, and employees. Get retirement plan law SECURE Act 2.0 updates here.

SECURE Act 2.0 Tomato Plant

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Please note that the Retirement Plan Law SECURE Act 2.0 page will continue to be developed and built. Additional years are in development and updates will be made as we receive further guidance provided by the IRS and DOL.

 

 

Increased time to adopt beneficial plan amendments

Surviving spouse election to be treated as employee

Domestic Abuse Victims allowed Penalty-free Withdrawal from Retirement Plans

Application of top-heavy rules to defined contribution plans covering excludable employees

Catch-up contributions for certain participants must be made on a Roth basis

Expansion of the Employee Compliance Resolution System (EPCRS)

Safe Harbor for corrections of employee elective deferral failures

Employers allowed to replace SIMPLE retirement accounts with Safe Harbor 401(k) plans during a plan year

Updating dollar limit for mandatory distributions