The New 401(k): Three Major Additions and One Loss for Investors
Lewis Braham | Barron's | Jan 6th, 2022
Category: Financial News
While the pandemic and its economic repercussions have (rightly) dominated the news for nearly two years, they have obscured some dramatic and longer-lasting changes that have been rolled out for 401(k) investors.
The Setting Every Community Up for Retirement Enhancement Act, better known as the Secure Act, became law on Dec. 20, 2019, just before the pandemic took hold. That, plus further regulatory tweaks by the Biden administration in 2021, have led to three major additions to retirement plans and one loss for some investors
