Sign in to confirm you’re not a bot
This helps protect our community. Learn more

SECURE 2.0 Act: What’s Coming in 2025 | What Employers and Plan Sponsors Need to Know

Mutual of America
206 subscribers
284 views 5 months ago #RetirementPlanning #PlanSponsors #SECUREAct
The SECURE 2.0 Act features more than 90 provisions affecting employer-sponsored retirement plans, with the goal of providing employers with opportunities to expand coverage, simplify plan administration and encourage more employees to save for retirement. Mutual of America Financial Group’s Earl Jones, Vice President, National Accounts, and Nick Curabba, Senior Vice President and Associate General Counsel, provide valuable insights on regulations that are already in effect and some of the key provisions for 2025. Learn about the mandatory and optional provisions that may affect employers and plan sponsors now and in the future. The provisions covered focus on required minimum distributions (RMDs), long-term part-time (LTPT) workers, automatic enrollment, enhanced catch-up contributions and new exceptions to the rules for early distribution, among others. Earl and Nick also review what you can expect from Mutual of America Financial Group r …...more
...more
SECURE 2.0 Act: What’s Coming in 2025 | What Employers and Plan Sponsors Need to Know
0Likes
284Views
Feb 282025
The SECURE 2.0 Act features more than 90 provisions affecting employer-sponsored retirement plans, with the goal of providing employers with opportunities to expand coverage, simplify plan administration and encourage more employees to save for retirement. Mutual of America Financial Group’s Earl Jones, Vice President, National Accounts, and Nick Curabba, Senior Vice President and Associate General Counsel, provide valuable insights on regulations that are already in effect and some of the key provisions for 2025. Learn about the mandatory and optional provisions that may affect employers and plan sponsors now and in the future. The provisions covered focus on required minimum distributions (RMDs), long-term part-time (LTPT) workers, automatic enrollment, enhanced catch-up contributions and new exceptions to the rules for early distribution, among others. Earl and Nick also review what you can expect from Mutual of America Financial Group regarding the SECURE 2.0 updates for 2025, compliance and more. Webinar Chapters: 0:00: Background on SECURE 2.0 Act 3:22: Review of Regulations Already in Effect 16:28: Provisions Effective in 2025: RMDs 21:24: Mandatory Provisions: Automatic Enrollment 26:56: Mandatory Provisions: LTPT Workers 33:44: Optional Provisions: Enhanced Catch-Up Contributions 37:20: New Exceptions to Early Distribution Rules 42:36: Looking Ahead 43:05: What to Expect from Mutual of America 46:24: Q&A About Mutual of America Financial Group: Mutual of America Financial Group is the trade name used by Mutual of America, a leading provider of retirement services and investments to employers, employees and individuals. We provide high-quality, innovative products and services at a competitive price, along with outstanding personalized service, to help our customers build and preserve assets for a financially secure future. Our mission is built upon our values—integrity, prudence, reliability, excellence and social responsibility—which have guided us since 1945 and continue to serve us and our customers well. Looking to change retirement plan providers or start a retirement plan? retirementplans.mutualofamerica.com/401k-plan-provider Subscribe here: / @mutualofamericafinancialgroup Connect with Mutual of America: • Facebook:   / mutualofamerica   • LinkedIn:   / mutualofamerica   • X:   / mutualofamerica   Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the investment funds and (if applicable) the variable annuity contract. This and other information is contained in the funds’ prospectuses, summary prospectuses and the contract prospectus or brochure (if applicable), which can be obtained by calling 800.468.3785 or visiting https://mutualofamerica.com. Read them carefully before investing. Securities offered by Mutual of America Securities LLC, Member FINRA/SIPC. Insurance products are issued by Mutual of America Life Insurance Company. #PlanSponsors #SECUREAct #RetirementPlanning

Follow along using the transcript.

Mutual of America

206 subscribers