(Photo: Getty)
Recently, Congress passed Secure Act 2.0, a sweeping bill that introduced new protocols to improve retirement savings. One of the only bipartisan bills in the House and Senate, it will have major impacts that ensure more people have a healthy retirement nest. And while companies have been anticipating these new measures for some time, implementing them seamlessly will be resource intensive.
The changes outlined in the Act are robust, but the main headline is that it will increase the number of employees that are eligible for employer-sponsored retirement plans, expand automatic enrollment and other incentives towards saving for retirement, and bring guidance for employers to broaden plan offerings. Now, both employers and providers will need to make adjustments quickly in order to maximize positive impact.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 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.
