Labor secretary nominee Julie Su’s Senate confirmation hearing included questions on SECURE 2.0 and the department’s work on a new fiduciary rule.
 

The Labor Department's priorities include implementing SECURE 2.0 and its new ESG rule while aiming to improve communication, Lisa M. Gomez said.

SECURE 2.0 will increase catch-up contributions and raise the RMD age, allowing older adults to save more and for longer, experts say.

Two trade groups have asked the Treasury Department for a temporary fix for a snafu in SECURE 2.0 preventing retirement plan participants from making catch-up contributions.