Webinar - SECURE Act: What Plan Sponsors Need to Know

The SECURE Act* makes significant changes to employer-sponsored retirement plans and many of the changes take effect immediately.  Highlights of the provisions of the SECURE Act that are effective in 2020 include:

• Raising the requirement minimum distribution age
• Changing the post-death distribution rules
• Increasing the 10% cap for automatic enrollment 401(k) safe harbor plans
• Permitting portability of lifetime income options
• Permitting penalty-free withdrawals in the case of birth or adoption of a child
• Increasing penalties for failure to file retirement plan returns (Forms 5500)

Join the Williams Mullen Employee Benefits Section in a webinar to help plan sponsors sift through the changes in the SECURE Act.

*Setting Every Community Up for Retirement Enhancement Act, signed into law on December 20, 2019.

Contact:
Stephanie Simpson | ssimpson@williamsmullen.com

Disclaimer:
This webinar is for information purposes only and does not constitute legal advice nor automatically form an attorney-client relationship with participants.