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SECURE 2.0 Act of 2022 Sweeping Changes to SECURE 2.0 Act of 2022 Business Owners Need to Know
Manage episode 358221210 series 3458210
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We go over the list of sweeping changes to 401k SECURE 2.0 Act that effects business owners. We explain the changes and how you can save more for yourself and your employees.
SHOW NOTES
Secure Act 2.0 is Congress’s latest attempt to address America's retirement crisis. Signed into law in late December 2022, this package of retirement reforms aim to finish the job begun by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.
Version 2.0 of the Secure Act introduces dozens of provisions intended to improve retirement outcomes. From better catch-up contributions to automatic 401(k) enrollment, we’ve identified five of the most important changes you need to know about from this new law.
We go over the major changes so you know as a business owner how to save more.
EPISODE LINKS:
- Get FREE information about Setting up or Fixing Your 401k plan
https://lifeincrs.com/401k-plans-podcast/
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