Congress has shaken up retirement plans once again, and the changes benefit a wide swath of Americans saving for their golden years through IRAs or employer plans such as 401(k)s.

The SECURE Act 2.0 became law in the last days of 2022, and the new rules provide assistance for retirement savers, small businesses and many others. In fact, the changes are so wide that many of them didn’t officially begin until 2024 or later. The law is a sweeping follow-up to 2019’s SECURE Act, which itself shook up retirement funding and planning.

It’s worth noting that while the new law permits the following features, in many cases employers have to set up their retirement plans such as 401(k)s to actually enable those features. So you’ll want to check with your employer to see if they offer the new featu

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