SECURE 2.0 Act

Saving for retirement has always been an issue for Americans.  According to the 2022 Retirement Confidence Survey, about 19% of American workers have less than a $1,000 in savings and investments.  One often cited reason for this has been the lack of retirement plan options.  Financial professionals and many lawmakers have reasoned that if we simply give employees more opportunities to save, then they naturally will.  Out of this logic SECURE 2.0 was passed.  The media has largely framed it as a positive for employees, because it will allow them to save more for retirement.  A huge win.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.