Secure Act 2.0: What it could mean for retirement savings
In 2019 the Setting Every Community Up for Retirement Enhancement (SECURE) Act changed how you can save and withdraw money from your retirement accounts, the first major legislative change to retirement rules in over a decade. And now more legislation affecting retirement and savings laws is on the horizon. On March 29 the House of Representatives passed the Securing a Strong Retirement Act, H.R. 2954, also referred to as the Secure Act 2.0, with a bipartisan vote of 414-5. The bill will improve the retirement savings system for U.S. workers, moving it closer to becoming law. “H.R. 2954 will help all Americans...
April 13, 2022
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