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Newsroom View

New Secure 2.0 Act promises to boost retirement saving, at cost of confusion

Thursday, December 29, 2022

A major new retirement law has been enacted, the second big one in little more than three years. Like movie sequels, this one has all the makings of a blockbuster.

The Secure 2.0 Act will allow Americans to save more money in tax-sheltered workplace retirement accounts, make the saving process easier through automatic enrollment, provide new incentives, delay the time when withdrawals must begin and set in motion other important changes.

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Secure Act 2.0: Its Highlights, Its Limitations

Monday, December 26, 2022

President Biden signed the Secure Act 2.0 after passage by both the House and Senate. That long-discussed package of changes to retirement savings rules aims to make it easier for Americans to build retirement savings and less costly to withdraw those savings.

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New retirement bill means big changes for retirement and 529 plans

Monday, December 19, 2022

Big changes are likely coming for Americans' retirement savings. The changes, part of the Secure Act 2.0, were included in the sweeping end-of-year $1.7 trillion spending bill the Senate passed on Thursday. The package's future now rests in the hands of the House, which is expected to follow suit Friday. President Joe Biden is expected to sign the bill into law shortly after.

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