NEW YORK, January 25, 2023 – The SECURE 2.0 Act of 2022, signed into law by President Biden on December 29, 2022, is designed to increase retirement plan access and retirement savings, streamline administration and reporting requirements, and preserve retirement income.
Buck, an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm, will host a two-part webinar series that will focus on the implications of the new legislation for plan sponsors and employees.
The first webinar, entitled “How will the latest retirement legislation impact plan sponsors and employees?” will take place on Thursday, January 26, 2023, from 1 – 2 p.m. ET. Buck’s Compliance practice leader Laurie DuChateau, will join Keita Ishigami and Patrick Trunzo, Directors in Buck’s Compliance Consulting practice, and Sandy Pappa, a Principal in Buck’s Wealth practice, to provide an overview of key provisions in the act, featuring:
- Automatic enrollment and escalation requirements
- Changes to Required Minimum Distribution (RMD) rules
- Matching contributions on student loan repayments
- Catch-up contribution changes
- Modifications aimed at simplifying plan administration
Register for the webinar here.
The second webinar, entitled “Turn your defined contribution plan into a more effective retirement vehicle,” will take place on February 22, from 1 – 2 p.m. ET. This webinar will explore the new opportunities for plan sponsors to enhance their plan and investment design, along with communication strategies to help participants understand their options and make informed choices.
Jim Danaher and David Eisenberg, Principals in Buck’s Wealth practice, and Donna Westervelt, a Principal in Buck’s Engagement practice, will center discussion around:
- Integrating new contribution strategies, such as matching contributions to student loan payments and expanding auto-enroll, auto-escalate, and auto-reenroll policies, into your plan design
- Investment fund lineups to help your participants secure a more predictable income stream in retirement
- Engagement strategies to help your participants understand their options and make informed choices
- Modifications aimed at simplifying plan administration
Register for the webinar here.
About Buck
Buck is an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm. Founded more than 100 years ago as an actuarial consultancy, we’ve evolved to serve organizations and trustees across the health, wealth, and career spectrum.
With the ultimate goal of securing the futures of our clients’ employees and members, we develop tech-enabled programs that engage individuals and drive organizational performance. Our award-winning engagement solutions and people-first approach empower the world’s most forward-thinking organizations to protect the physical and financial wellbeing of their employees and members and improve how their people work and live. For more information, visit www.buck.com.
Media contact:
Lumina Communications for Buck
Michael Gallo
973-715-8833
Buck@luminapr.com