The SECURE Act 2.0 became law as part of the Consolidated Appropriations Act, 2023 enacted on December 29, 2022. It contains a wide range of provisions designed to encourage retirement savings. Additionally, it brings about changes affecting required minimum distributions, Roth IRAs, and designated Roth accounts. The Act addresses desirable outcomes, including:

•    Creating improved retirement security;
•    Ensuring retirement income preservation;
•    Simplifying retirement plan rules; and
•    Enhancing federal revenue.

This course will discuss the various provisions of the Act, beginning with those provisions that are immediately effective and followed by those that become effective in subsequent years. In doing so, appropriate context is added to facilitate understanding of the pre-enactment environment and the impact of the legislative changes.

Learning Objectives: 

• Identify the provisions designed to expand retirement plan coverage and increase retirement savings


• Describe the provisions designed to enable plan participants to preserve their retirement income


• List the provisions that simplify retirement plan rules


• Determine those provisions designed to enhance federal revenue