Secure Act 2.0
Secure Act 2.0 - What You Need To Know

Passes House, Signaling Massive Retirement Savings and Investment Policy Shift
The retirement savings legislation, also known as SECURE Act 2.0, expands on the original SECURE Act and includes provisions to boost the required minimum distribution (RMD) age from 72 to 75 over time, broaden automatic enrollment in retirement plans, and enhance 403(b) plans.
The original Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed into law in December 2019. This legislation altered the existing retirement savings plan system in terms of RMD, contributions to traditional IRAs, 529 plan uses for student loans, and making annuities easier for 401(k) plan administrators to offer.
The SECURE Act 2.0 expands on all of these provisions, including increasing the RMD age further to 73 in 2022, to 74 in 2029, and to 75 in 2032.
What Important Issues Should I Consider Regarding Changes Made By the SECURE ACT 2.0