This Week’s Fast Fact – Secure 2.0 Act Low-Balance Distribution Limit Changes: A Look by Age and Tenure.
Employee Benefit Research Institute
EBRI is a nonprofit, independent & unbiased resource organization providing objective information about benefit programs
From the Public Retirement Research Lab (PRRL), a collaborative effort of EBRI and NAGDCA, this week’s Fast Fact takes a look at data from the PRRL Database to gain insight into the number of additional accounts that could potentially be impacted by the SECURE 2.0 Act, which increases the dollar limit for force-outs to $7,000 for distributions after Dec. 31, 2023.
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