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3 Tips for 401(k) Plan Advisors in 2023

The end of January is a time to stop reflecting on last year and start really implementing changes in your professional life. For fiduciaries the focus is always on improving a plan’s governance and ensuring plan participants are satisfied with your work. Here are a few ideas for plan fiduciaries to consider in 2023.

Is Time Running Out for the Secure Act 2.0?

The Secure Act 2.0, which aims to expand access to retirement plans, needs to pass before January 3rd; otherwise it will need to be re-proposed to both houses. Although it is likely to pass eventually,  due to its bipartisan support, a failure to pass it soon could result in serious delays.