Monday, July 11, 2022

SECURE 2.0: House Passes Retirement Reform Proposal

The U.S. House of Representatives recently passed the Securing a Strong Retirement Act of 2022 (or SSRA, which lawmakers are coining “SECURE 2.0”). The bill includes provisions from the Retirement Improvement and Savings Enhancement (RISE) Act, which came out of the House Education and Labor Committee in November 2021. This bill contains numerous retirement provisions, as well as minor technical corrections to the SECURE Act and other IRA provisions. To learn more, read this brief summary, which highlights these updates in more detail.