The SECURE 2.0 Act of 2022 was signed into law in the waning days of 2022. But there are some things that need fixing—and some things you may have overlooked. Nevin (Adams) and Fred (Reish) highlight five key areas calling for attention.
The short list of things covered in this episode:
- Deleted legislative text that could undermine catch-up contributions.
- A typo(?) that could impact required minimum distribution (RMD) timing.
- Required vesting on employee-elected Roth treatment of employer contributions.
- Mandatory automatic enrollment on new plans—but not till 2025—and with (potentially) rolling effective dates after that.
Episode Resources:
The What’s and When’s of SECURE 2.0
Key SECURE 2.0 Act Provisions and Effective Dates
Major SECURE 2.0 Error Puts Catch-Ups in Jeopardy
The SECURE Act 2.0: The Most Impactful Provisions (#3–Extension of RMD Start Ages)
