What Does SECURE 2.0 Require of Your Plan Now?

SECURE 2.0, enacted in December 2022, carries more than 90 provisions for qualified retirement plans, and several mandatory deadlines are already behind us. Sponsors who haven't measured their plan documents and procedures against the new rules are carrying quiet compliance risk.

The provisions demanding attention now include the higher required-minimum-distribution age, expanded catch-up rules (including the new super catch-up for ages 60–63), updated automatic-enrollment and escalation requirements for new plans, and changes to Roth contributions and in-plan conversions. Each has its own effective date and its own administrative ripple.

The work is to map which provisions apply, assess current compliance, coordinate document amendments with the TPA and recordkeeper, and update participant communications. Regency runs that review with plan sponsors end-to-end. Because we are independent of every provider, the priorities follow the plan's needs rather than a vendor's roadmap.