SECURE 2.0 was passed at the end of 2022 with the primary goal of allowing more Americans to effectively save for retirement. With the first anniversary of this legislation approaching, our panel reviews the recent clarifications and technical corrections and highlights some of the implementation challenges.
Our speakers discuss:
- The delayed effective date for Roth catch-up contributions
- Developments regarding the EPCRS program
- Needed technical corrections
- Implementation challenges and state of vendor readiness
- What plan sponsors should be thinking about for 2023 year-end and 2024
About our speakers
Gary Walsh is a Director in Buck's Compliance Consulting practice and works with clients on a wide range of issues involving employee benefit plans and programs. He served as an in-house counsel for a large multinational corporation for more than 30 years, where he was responsible for Internal Revenue Code and ERISA matters, relating to the design, administration, and compliance of retirement, health and welfare, and executive compensation plans.
Jack Wilson is a Director in Buck’s Wealth practice. He has more than 19 years of experience working with qualified and non-qualified plans, helping clients with non-discrimination testing, plan design, vendor search and recordkeeping fee benchmarking, plan audits, and conducting operations and administration reviews for defined contribution plans.