After years of discussing major retirement plan changes, Congress seems poised to act. On May 23, 2019, the U.S. House of Representatives passed the Setting Every Community Up for Retirement Enhancement Act of 2019 (H.R. 1994) — the SECURE Act — with broad bipartisan support in a 417-3 vote. The retirement plan industry also strongly supports the SECURE Act. The SECURE Act was sponsored by the House Ways and Means Committee Chairman Richard Neal, D-Mass., with bipartisan co-sponsors.
Holland & Hart’s Brenda Berg provides a preview of the retirement plan changes that could become law with the House’s passage of the SECURE Act in the article titled “A Preview Of The Retirement Plan That Could Become Law,” published May 29 by Law360.
To read the full article, click here.
Brenda Berg has over 20 years of experience as an employee benefits attorney plus a background in accounting and third-party 401(k) plan administration. She has extensive experience with 401(k), defined benefit, health and welfare, and nonqualified deferred compensation plans. Brenda is currently the Practice Group Leader for the firm’s Tax and Benefits practice group.