Get email alerts on the Secure Act 2 0 topic
No spam. Unsubscribe anytime.
Plan document revision for Secure Act 2.0 held over as IRS issues clarifications
Summary
Discussion of plan document revisions to implement Secure Act 2.0 was continued to a future meeting after noting IRS clarifications; the board signaled possible revisiting of a Roth option.
The board continued the agenda item on revising the plan document to implement provisions of the Secure Act 2.0. Members noted that the Internal Revenue Service has issued clarifications that bear on implementation, and that the potential addition of a Roth option will be revisited once guidance is clearer.
No action was taken; the matter was continued to the next meeting so staff and counsel can review IRS guidance and present options for board consideration.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
