STORM WATCH

Rain and snow showers will impact travel plans into the weekend for Brooklyn.

The New Normal: What do the new changes to the US retirement system mean for your wallet?

News 12's Elizabeth Hashagen was joined by Dana Anspach for a conversation on retirement.

News 12 Staff

Jan 4, 2023, 2:49 PM

Updated 716 days ago

Share:

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.