What SECURE 2.0 provisions are plan sponsors and employers adopting most? More than 30 provisions have already taken effect in 2023 and 2024, while other provisions will be rolled out over the next few years. In general, SECURE 2.0 has been well-received by employers and plan sponsors, however, many still need advice on how best to adapt the new compliance requirements and optional provisions in the new retirement legislation, according to UBS' Workplace Voice report. |
Related: Top 5 SECURE 2.0 provisions plan sponsors are most likely to adopt: Fidelity
The following provisions, some of which went into went into effect in 2024 and some will take effect in 2025, will positively impact an employee's ability to save for retirement, according to the report.
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