SECURE 2.0 2023 Governmental Plan Implementation FAQs

SECURE 2.0 – 2023 Governmental Plan Implementation Frequently Asked Questions

Recorded Aug. 25, 2023

We continue our webinar series on SECURE 2.0 frequently asked questions and governmental plan implementation of the provisions. Leading experts Erica McFarquhar, Managing Vice President, Deputy General Counsel at MissionSquare Retirement, and Mike Hadley, Partner at Davis & Harman LLP, provide the latest responses to your questions and next steps you may need to take in 2023 and beyond.

IMPORTANT NOTICE: Shortly after this webinar was recorded, the IRS announced a two-year administrative transition period (delay) that allows employers until 2026 to comply with the new SECURE 2.0 Roth catch-up mandate. Learn more in IRS Notice 2023-62.

Disclaimer: SECURE 2.0 is evolving and new guidance continues to be shared. Information presented in this webinar reflects our understanding of the act and provisions at the time it was recorded on Aug. 25, 2023.

MissionSquare Retirement does not offer specific tax or legal advice. The information presented here is for educational purposes only and is not to be construed or relied upon as investment advice. It is recommended that individuals consult with their personal finance advisor prior to implementing any financial or tax strategy.