401K Changes with Recently Passed Secure 2.0 Act
In late 2022, President Biden signed a $1.7 trillion bill introducing vital retirement savings legislation. Known as the SECURE 2.0 Act of 2022, the legislation brings major changes to existing retirement account rules. Here’s how the recent changes impact 401(k) retirement plans and what that means for you and your employees. RMD Changes Historically, required minimum distributions (RMDs) […]