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Secure 2.0 Retirement Overhaul on Track

21 Dec 2022 11:02 AM | Christine Strak (Administrator)

Big changes are ahead for the U.S. retirement system that will shape how employers offer benefits and how employees save for their post-work years.

A range of retirement provisions—known as Secure 2.0—are included in the $1.7 trillion government spending bill for 2023, which was released Dec. 20. Approval by the Senate and the House is expected by the week's end.

Some of those provisions include requiring automatic 401(k) enrollment, broadening employer 401(k) match options, and helping employees build and access emergency savings plans. Read more.

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