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GSG’s Vicki Hitchcock recently authored a guest article for the Maryland Daily Record about how the SECURE 2.0 Act could help Maryland companies counter the “Great Resignation.”
The law aims to expand automatic enrollment in retirement plans. It will also allow participants to make employer-matched Roth contributions. This means that employees can take advantage of the tax benefits, which includes only being taxed on the earnings of the money – and not being taxed on the actual contributions.
Please contact us here to learn more about how GSG can help educate you on potential changes around the SECURE 2.0 Act.
GSG’s Vicki Hitchcock recently authored a guest article for the Maryland Daily Record about how the SECURE 2.0 Act could help Maryland companies counter the “Great Resignation.”
The law aims to expand automatic enrollment in retirement plans. It will also allow participants to make employer-matched Roth contributions. This means that employees can take advantage of the tax benefits, which includes only being taxed on the earnings of the money – and not being taxed on the actual contributions.
Please contact us here to learn more about how GSG can help educate you on potential changes around the SECURE 2.0 Act.