Secure 2.0 Archives

Four Ways to Enhance Retirement Wealth and Reduce Retiree Inequality in the U.S.

Two miniature figures walking on diverging paths with stacks of coins at the end of each path, symbolizing financial choices or wealth inequality.

The US racial wealth gap is evident not only in household wealth but also in retirement wealth. Policy reform could increase household wealth and improve equality outcomes, explain David C. John of the AARP Public Policy Institute and Brookings Institute, J. Mark Iwry of the Wharton School and Brookings Institute, and William G. Gale of the Brookings Institution. Via RetireSecure blog.…Read More

Policy’s Impact on Annuities: What the QLAC Provisions in SECURE 2.0 Mean for Plans

SECURE 2.0 provisions benefit both plan sponsors and plan participants, per Melissa Kahn, Head of Retirement Public Policy at State Street Global Advisors and Olivia Mitchell, Wharton Professor, via SSGA.com.…Read More

Spending bill aids retirees, and boosts financial industry

Text excerpt from the "SECURE 2.0 Act of 2022," detailing the short title and amendments to the 1986 Internal Revenue Code.

Secure 2.0’s passage to most impact workers at companies with matches in their retirement plans, says Olivia S. Mitchell of the Wharton’s Pension Research Council via Los Angeles Times.…Read More