The 401(k) and IRA Changes to Consider After Congress Revised Many Retirement Laws
December 27, 2022 by Ashlea Ebeling
Americans will need to rethink how they save after Congress passed a series of laws that stand to overhaul parts of the country’s retirement saving system.
The retirement overhaul is part of a larger bill passed by Congress just before the holidays. It includes dozens of retirement policy changes that go into effect over the next decade. Many of these provisions kick in immediately after the bill passes, however, creating the need for Americans to examine their own financial planning now, financial advisers say.