The New Normal: What do the new changes to the US retirement system mean for your wallet?
Three years after the Secure Act of 2019 paved the way for the first major changes to the U.S. retirement system in more than a decade, more modifications are now on their way.
Secure 2.0 is now law - and it aims to revamp our retirement savings system.
Now the required minimum distribution (RMD) age will increase to 73.
Auto-enrollment into workplace plans like 401(k) will become a requirement. And more part-time employees will have access to workplace retirement plans.
News 12's Elizabeth Hashagen was joined by Dana Anspach for a conversation on retirement.