This Fast Fact examines SECURE 2.0 changes to the low-balance distribution limit by age and tenure. Under current provisions, retirement plans are permitted to force out participants with vested account balances up to and including $5,000.00 The SECURE 2.0 Act increases the dollar limit for mandatory force outs to $7,000.00 for distributions after December 31, 2023.

This Fast Fact analysis draws on cross-sectional data from the PRRL database to gain insight into the number of additional accounts that could potentially be impacted by this change.

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  • November 2, 2023 Create Date
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Fast Fact | SECURE 2.0 Act Low-Balance Distribution Limit Changes: A Look By Age and Tenure