SECURE 2.0 Act: What Employers Need to Know
Description
Are you an employer offering a retirment plan to your employees?
If so, this presentation is for you!
This hr|simple webinar presented by Cozen O’Connor attorneys Matthew Clyde, Lynn Brehm, Robert Kaplan, Jenna Schaffer and Jay Dorsch introduces the SECURE 2.0 Act and focuses on the most significant changes employers should be aware of – as this new bill requires almost all employers to amend their employee benefit plans.
We start by discussing new auto-enrollment rules, Roth contribution rules, “Rothification” of vested matching contributions and 403(b) plan changes then we spend some time highlighting some important updates to the Employee Plans Compliance Resolution System (EPCRS) Correction Procedures. The conversation continues with hardship withdrawals, disaster relief, an in-depth discussion on Emergency Savings Accounts (ESA’s), timing of plan amendments and much, much more!
