SECURE 2.0 becomes law

The SECURE 2.0 Act of 2022 was signed into law on December 29, 2022 and builds upon retirement legislation enacted at the end of 2019. SECURE 2.0 includes reforms that expand retirement coverage and savings. It also features policy changes to defined contribution (DC) plans, defined benefit (DB) plans, individual retirement accounts (IRAs), and 529 plans.

Find out what SECURE 2.0 means for your contributions to and RMDs from retirement accounts, such as IRAs and employer sponsored plans, like 401(k)s.

This is not an exhaustive list of all the changes and additions brought to pass by SECURE 2.0. Fidelity will publish additional additional information and resources as it becomes available. Please talk with your financial professional about how the changes might impact your financial plan, now and in future years.