2022 Trust Forum Presentations

Internal Use Only

Legislative Update

SECURE 2.0 • Rare example of bipartisan effort in era of extreme divisiveness. • Current expectation is that it will pass before year-end. • Key Provisions • Student loan matching. • Extension to required minimum distribution age. • Availability of CITs to 403(b) plans. • PEPs for 403(b) plans. • Retirement “lost and found.”

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Internal Use Only

Regulatory Update

• Since 2020, the Department of Labor has issued a series of rulemaking. • The transition in Presidential Administrations has had an impact on retirement policy and the future outlook.