The SECURE 2.0 law establishes a saver’s match to encourage retirement savings. Eventually, the match will replace the saver’s credit. There are some parallels between the two but also notable distinctions.
Retirement plans featuring in-plan annuity investments are likely to gain traction following the passage of a landmark spending law, providing workplace savers with lifetime income options and fostering closer ties with insurance providers that regulators had previously kept at bay.
The U.S. House of Representatives recently enacted SECURE 2.0, a new retirement measure intended to expand upon the SECURE Act of 2019. SECURE 2.0 is designed to simplify the retirement process, and three significant enhancements might help your savings go further.
House of Representatives passes SECURE 2.0, also known as the Securing a Strong Retirement Act. Several changes have been made regarding tax-advantaged retirement accounts with this bill, but graduates with large federal…