SECURE 2.0 Act Update:
New Tax Rules for Employer-Sponsored Retirement Plans in 2024

The omnibus spending bill known as the SECURE 2.0 Act made dozens of changes to the tax rules governing employer-sponsored retirement programs. While some changes took effect immediately upon the law’s enactment on Dec. 29, 2022, many others were phased in over several years, with some of the most significant changes occurring this year.