The PEOple's Podcast: 2024 Retirement Overhaul: SECURE 2.0, New Rules & What’s Coming in 2025
Description
In this episode, we dive into the significant changes in retirement plans as part of the SECURE Act 2.0 and what happened in 2024 and 2025 and beyond. We cover everything from updated contribution limits and new 401(k) withdrawal rules to employer matching for student loan payments and the introduction of Roth 401(k) RMDs. Plus, we look ahead to 2025 when automatic enrollment will be required for all eligible employees, part-time workers will have faster eligibility, and catch-up contributions for older workers will increase. We also discuss the most common investment options within 401(k) plans, what employers are contributing, and the growing popularity of Multiple Employer Plans (MEPs). Tune in for all the details you need to navigate the changing retirement landscape! The PEOples Podcast, hosted by Alyse Kimble and special guests Tom Smith and Racco J. DiLauro, will be a valuable resource for SMBs seeking to learn more about PEOs and make informed decisions about their business needs.
United States
