After analyzing 600,000 retirement plans with $8 trillion in assets covering 96 million workers, the 401(k)s at certain industries have best weathered the COVID pandemic, according to a new report from Judy Diamond Associates.

Employers need to get ahead of the curve in engaging their plan administrators, amending their plans and communicating significant changes to employees, such as emergency withdrawals and student loan match.

There are over 90 provisions in the new retirement legislation, so here is a year-by-year overview of key provisions that will affect employers and their employees.

With the passage of this landmark legislation, significant administrative guidance on changes to retirement plans will be forthcoming from the IRS and the DOL, but here is a preliminary summary of the most relevant changes.