The compliance administrator for our elective retirement savings plan(s), U.S. OMNI & TSACG Compliance Services (OMNI/TSACG), has released an update on the SECURE 2.0 Act of 2022 signed by President Biden on Dec. 29. The act includes many significant changes to the Internal Revenue Code provisions that govern retirement plans.
Click the following link to read this announcement: SECURE 2.0 Act Release