The SECURE 2.0 Act of 2022 (SECURE 2.0) was enacted on December 29, 2022, as a component of the Consolidated Appropriations Act of 2023. SECURE 2.0 made sweeping changes to the laws affecting qualified retirement plans and IRAs. Part I of this Client Alert series summarized provisions of SECURE 2.0 that became effective immediately upon enactment or in 2023. This alert focuses on changes in SECURE 2.0 that will become effective in 2024. There are many changes of narrow application that impact plans such as SEPs, SIMPLE plans, and rural electric co-ops, as well as changes to IRAs, that are not addressed in this series. Continue reading >