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Posts from February 2023.

At the end of 2022, Congress passed SECURE 2.0. This legislation builds on the original SECURE Act (Setting Every Community Up for Retirement Enhancement Act) of 2019 that expanded access to retirement accounts, promoted participation, and preserved savings. This legislation adds benefits to both retirement plan sponsors and their ...

In law school, students flocked to any meeting that offered free pizza.  Free pizza got me roped into being the secretary of the environmental law club in law school, which was an area I had no knowledge or real interest in.  But they served pizza at the meetings and I was broke, so I attended!  It always amazes me that even at our law firm, people show up ...

 

SECURE 2.0  – Impact on Benefit Plans
At the end of 2022, Congress passed the SECURE 2.0. This legislation builds on the original SECURE Act (Setting Every Community Up for Retirement Enhancement Act) of 2019 that expanded access to retirement accounts, promoted participation, and preserved savings. This legislation adds benefits to ...
By: Lyndsey Barnett and Michaela Taylor*

As we have mentioned in previous insights, the SECURE 2.0 Act, which was passed in December, has ushered in new ways for employers to assist their employees in building savings for the future. Two of these optional provisions specifically address expenses for emergencies.

Last year, the Consumer ...

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