On December 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023 into law. This legislation contains the SECURE 2.0 Act of 2022 (“Act”). The Act includes several provisions that are anticipated to make it easier for individuals to save for retirement.
The ABA Retirement Funds Program will keep you informed of important changes and effective dates as more guidance comes from the Internal Revenue Service and Department of Labor regarding the Act’s various provisions.
