Congress passes SECURE 2.0 Act, making important changes to 401(k)s
Business Management Daily
JANUARY 5, 2023
401(k) plans established after Dec. 29, 2022, must auto-enroll participants once they’re eligible, beginning with the 2025 plan year. For plan years beginning in 2025, SECURE 2.0 Plans may offer to enroll or auto-enroll non-highly compensated employees into 401(k)-linked emergency savings accounts.
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