Critics say SECURE 2.0 did little to help the economically insecure
January 24, 2023 by
Steven A. Morelli
As advisors help clients understand the benefits provided by SECURE 2.0, critics are saying that the provisions did little to assist people who actually need retirement help.
Retirement savings provisions known as SECURE 2.0 were wrapped into the omnibus spending bill in December. Among the measures, it requires employers with retirement plans to automatically enroll eligible workers starting in 2025, while exempting some small employers.