webinar

Join NAGDCA for an in-depth discussion on the emergency savings provisions in SECURE 2.0 and the impact on public sector plans. Ned Taylor, Senior Consultant at Hyas Group, and Hutch Schaffer, Vice President of Business Development at Nationwide, share their insights with Executive Director Matt Petersen and answer questions from attendees.

Join NAGDCA for an in-depth discussion on the catch-up provisions in SECURE 2.0 and the impact on public sector retirement plans. Marilyn Collister, Senior Director, Legislative and Regulatory Affairs at Empower and NAGDCA Legislative Committee member, and Craig Chaikin, Senior Vice President at Callan, share their insights with Executive Director Matt Petersen and answer questions from attendees.

On December 22, Congress passed the Consolidated Appropriations Act of 2023 to fund the government through September 30, 2023. Division T of the legislation is the SECURE 2.0 Act of 2022 (“SECURE 2.0”), which builds upon 2019’s Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act,” H.R. 1994). SECURE 2.0 contains 90 provisions aimed at modernizing the retirement system, encouraging additional retirement savings, and easing administrative requirements. Two of NAGDCA’s priorities – eliminating the “first day of the month rule” for 457 plans and exempting designated Roth contributions from the lifetime required minimum distribution rules – were included in the final legislation.