Secure Act 2.0: A Missed Opportunity to Enhance Retirement Equity

Tax Management Compensation Planning Journal, 51 01, 1/6/23, The Bureau of National Affairs, Inc.; http://www.bna.com

10 Pages Posted: 11 Jan 2023

Date Written: January 6, 2023

Abstract

SECURE Act 2.0, which was enacted on December 29, 2022, represents a missed opportunity to enhance retirement equity. The Act’s 92 provisions provide small new tax incentives to those American workers struggling to save for a comfortable retirement, larger tax incentives to those with few retirement concerns, more complex retirement tax rules, and weaken compliance rules that are primarily applicable to those with few retirement concerns.

Keywords: Retirement, Income, Pensions, Equity, Savings, Tax Incentives, Tax Expenditures, Secure Act 2.0, Secure Act, Tax Policy, Minimum Required Distributions, Required Minimum Distributions, 401(K) Plans, 529 Plans, Iras, Roth Ira, Participant, Beneficiary, Income Tax, Tax Deferral,

JEL Classification: I18, J26, J32, J33, K34, K39

Suggested Citation

Feuer, Albert, Secure Act 2.0: A Missed Opportunity to Enhance Retirement Equity (January 6, 2023). Tax Management Compensation Planning Journal, 51 01, 1/6/23, The Bureau of National Affairs, Inc.; http://www.bna.com , Available at SSRN: https://ssrn.com/abstract=4322626

Albert Feuer (Contact Author)

Law Offices of Albert Feuer ( email )

New York, NY
United States
718-263-9874 (Phone)

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