Author: Mark M. Brown

Mark Brown applies his vast and incisive knowledge of employee benefit plans to advise employers as they seek to provide employees with retirement and deferred compensation plans that comply with the law and that generate financial benefits. Mark brings more than 30 years of experience to bear when working with clients to design and implement qualified retirement plans and to negotiate the regulatory and legal nuances associated with plan qualification and corrections, prohibited transactions and nonqualified deferred compensation.

SECURE 2.0 Adds New Distribution Options for Defined Contribution Plans

SECURE 2.0 introduced several new distribution options and tax reporting rules for defined contribution plan sponsors. Below is an overview of the new provisions and their potential implementation dates. (For an overview of SECURE 2.0 for defined contribution plan sponsors, click here.)

Here is a quick summary of the new distribution changes in SECURE 2.0.

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