SECURE 2.0 — What Does It Mean For You?
The SECURE Act…Setting Every Community Up For Retirement Enhancement (SECURE) was initially enacted in 2019. In late December 2022, Congress enacted the Consolidated Appropriations Act, a spending Bill that included significant changes to retirement planning, contributions, and distributions. Known as the Secure Act 2.0 of 2022, it includes a number of retirement, tax, and other…