(Photo: Shutterstock)
The SECURE Act makes a variety of changes affecting qualified retirement plan administration. Some changes were effective upon enactment on December 20, 2019, and others were effective on and after January 1, 2020, affecting defined benefits plans, 403(b)/457(b) plans, individual retirement accounts, small employers, lifetime income options, RMDs and withdrawals. However, with the turmoil subsequently caused by the COVID-19 pandemic and passage of the CARES Act, one significant SECURE Act change that is effective on and after January 1, 2021 may have been overlooked.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
