SECURE 2.0 Act
More than a third (38%) of Americans say not having enough money saved for retirement is among their most significant sources of financial stress. New workplace retirement savings plan rules could help, especially for those working for smaller employers.
Setting Every Community Up for Retirement Enhancement (SECURE) 2.0, passed in December 2022, builds on 2019 legislation that laid the foundation for American workers to better save for retirement. The new legislation includes several provisions designed to incentivize employers to offer workplace retirement plans, promote employee participation and encourage stronger contribution activity.
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