Heartland + Human Interest Secure Act 2.0 +Understanding State Mandates
Heartland + Human Interest Secure Act 2.0 +Understanding State Mandates
Thursday, May 25, 2023, 12:00pm EST
The SECURE (Setting Every Community Up for Retirement Enhancement) Act was first signed into law on December 20, 2019. The original iteration of the bill made several much-needed adjustments to the country’s retirement system. However, it wasn’t a comprehensive solution to the retirement crisis in America. On December 29, 2022, President Joe Biden signed SECURE Act 2.0 into law. SECURE 2.0 is a huge step forward in addressing the retirement savings gap and adds more than 90 new retirement plan provisions. Broadly speaking, the bill introduces several significant changes for small businesses and those saving for retirement by:
- Promoting saving earlier for retirement, as well as increasing some limits
- Boosting incentives for small businesses to offer retirement plans
- Offering those age 60+ more flexibility for saving as they approach retirement
As a business owner, there’s a lot on your mind already. Throw in the latest legislation, and it can feel difficult to keep up with what you need to know. Join us for a webinar hosted by Marc Fowler, The Director of Retirement Education for Human Interest, where he’ll cover:
Q&A
Q&A
- What else is in Secure 2.0 not covered today?
- What are the biggest impacts to small businesses in 2023 with this act in place?
- Are there any industries that this act has the biggest impact on?
- What are common penalties and how can they be avoided?
Discussions
Discussions
- The current retirement landscape
- Upcoming deadlines for state-mandated retirement plans
- Eligible tax savings that could be up to $16,500* through the SECURE Act 2.0
Speakers
