The SECURE 2.0 Act of 2022 seeks to increase retirement savings and expand coverage to employer sponsored retirement plans. New provisions such as mandatory automatic enrollment, higher catch-up contributions for older workers, and part-time worker 401(k) eligibility are intended to support higher plan participation, address longevity risks, and improve retirement readiness among Americans.
Is a recession coming… or is one already here?
I let him know that while it was not inexpensive, it was fair and worth it and something we wanted to do. More importantly, it was something his Mom and I had been planning and saving for.
Today I’m not thinking about the future so much. I’m remembering the past and embracing today, and reminding myself that all three – past, present and future – are important.