When the SECURE [Setting Every Community Up for Retirement Enhancement] 2.0 Act passed in 2022, advisers, plan sponsors and recordkeepers embarked on a long road of implementation. Although some aspects of the legislation immediately took effect, others have implementation dates in 2025 and beyond. The result has been years of conversations and planning about the legislation. Some advisers are ready to move on.
“Before [SECURE 2.0] got passed, we were talking about it. Then, it got passed and we were talking about it. Here we are a couple of years later still talking about it,” says Jania Stout, president at Prime Capital Financial. “The fatigue has set in.”
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