A brief summary for 401(k) plan sponsors and participants
The SECURE 2.0 Act has already made significant changes to the way U.S. retirement plans operate—and more are on the horizon.
Passed in 2022, SECURE 2.0 expands on the SECURE Act of 2019, also known as the Setting Every Community Up for Retirement Enhancement Act. SECURE 2.0 includes more than 90 provisions that aim to help people reach their retirement goals by expanding enrollment and offering incentives to save.
These changes will have significant implications for plan sponsors and participants—but you don’t have to navigate them on your own. We’re here to guide you through the important steps. Our resources below outline what you can expect when more changes go into effect in 2024 and beyond.