Congress passes SECURE 2.0 Act, making important changes to 401(k)s
Business Management Daily
JANUARY 5, 2023
Act of 2022 —90+ provisions focused on 401(k) and other retirement plans. Congress has chosen to pay for it by mandating that plans offering certain 401(k) features, like catch-up contributions, be made on an after-tax, Roth basis. Accounts must be set up as Roth after-tax accounts. SECURE 2.0 Student loans.
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