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What does the SECURE Act mean for plan sponsors and their employees?


Jan. 30, 2020
Recorded Online

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, signed into law on December 20, 2019, is the broadest piece of retirement legislation in recent history. Some of the changes will go into effect in 2020 and plan sponsors will need to immediately evaluate their retirement plans and make required updates.

This session will focus on key areas impacted by the law to help plan sponsors make sense of the new regulations. Our speakers will address:

  • Changes to defined contribution plan rules
  • Modifications to required minimum distribution rules
  • Expanding retirement plan access
  • New lifetime income options for defined contribution plans
  • Increased filing penalties
  • Compliance considerations

About our speakers

Fred Farkash is a Director in Buck’s Compliance Consulting practice and specializes in retirement plan design, including the development of administrative processes and procedures, IRS compliance testing, and the correction of operational errors.

Jane Lee is a Principal in Buck’s Compliance Consulting practice and has experience in both the administrative and legal areas of benefit compliance. She currently serves as the national and northeast lead for retirement compliance consulting, specializing in the design, governance compliance and administration of benefit plans and programs, with a focus on qualified and non-qualified retirement plans.

Sandy Pappa is a Principal in Buck’s Wealth practice and specializes in defined contribution plans, helping clients align their retirement program with their overall workforce and business strategy.  Her experience includes plan re-design and the implementation of new 401 (k) programs. Recently, she has focused her attention on retirement readiness studies, measuring employee savings behavior in DC plans and evaluating overall plan effectiveness.

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