The SECURE Act of 2019 Guide
August 2023 Update: An overview of the provisions, key details, and potential next steps.
At the end of 2019, Congress made significant changes to long-held rules in its effort to expand access to workplace plans and retirement savings, including the Setting Every Community Up for Retirement Enhancement (SECURE) Act. As the first major retirement law in nearly 13 years, there’s a lot to digest.
This Guide, which has been updated through August 2023, focuses on the key provisions relevant to workplace retirement plans. Use the details in this Guide to help prepare for the changes affecting your plan. The Guide has been updated to include information from the SECURE 2.0 Act of 2022 where applicable.