EBP2443. Hot Topics and Trends in 401(k) Plans in Light of SECURE 2.0

The original Secure Act and Secure 2.0 legislation made sweeping changes to qualified requirement plans. This combined legislation contained more modifications affecting qualified plans since the 2006 Pension Protection Act. Find out what’s hot and what’s not as we delve into how this legislation is changing plan design and employee participation. Topics include: automatic enrollment, contributions for student loan payments, the “roth-ification” of employer contributions and new penalty-free early withdrawals.

Learning Objectives:

• Identify emerging trends in 401(k) plan design such as automatic enrollment, employer Roth Contributions, and withdrawal options.
• Analyze which optional changes should be considered and implemented soon and determine other options that may need additional guidance.