Please join us for our 43rd Inside the Beltway session on Thursday, February 16, 2023. Inside the Beltway is Faegre Drinker’s quarterly series of complimentary presentations on developments in Washington, D.C., that directly affect the benefits industry.
During this session of Inside the Beltway, Faegre Drinker partners Bradford Campbell and Fred Reish will cover the most impactful provisions of the SECURE Act 2.0. Some of those provisions are already effective and plan sponsors and advisors should be considering them now.
Topics Covered
-The discussion will include the following and other specific provisions:
-The new provision that requires that new 401(k) and private sector 403(b) plans be automatically enrolled and increased.
-The new and complex provision for “side car” savings accounts.
-The opportunity to provide for Roth matching contributions and the requirement for Roth catch-up contributions.
-The expansion of PEPs to permit 403(b) plans.
-The ability to match student loan repayments.
Original source can be found here.