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Ep.87 Secure 2.0 & Law Changes to IRA'S & 401K'S in 2023

Directed IRA Podcast

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Auto Enrollment for 401K Plans - What's Going to Be Happening?

For new 401K plans that are started from here on out, auto enrollment is going to be required. So once an employee qualifies for the 401K, you auto enroll them. They have to opt out. This is a change in provision. The policy reasons behind this is if people are forced to save, they do save. IRS is really working right now to get guidelines on this retirement plan,. industries dying for it.

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