Now that the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act) has been enacted, plan sponsors should consider how the act’s changes will affect their plans. In a contributed article published by Best Lawyers, Poyner Spruill partner Jesse St.Cyr summarizes some of its key provisions and what they mean for retirement plan sponsors and participants. He concludes, “Although a few SECURE Act plan amendments will not generally be required until 2023, plan sponsors should take care to note when any optional provisions are implemented to ensure the plan is documented properly at that time.”
To read the full article, visit Best Lawyers.
