What it Means for Your
NJ Business Retirement Savings
The Federal Secure 2.0 Act and the NJ Secure Choice Act will have drastic changes to employer-sponsored retirement plans in New Jersey.
It mandates all employers with 25 or more employees must offer a retirement plan. It also dictates that those employees must be automatically enrolled, with drastic changes to the required minimum distribution ages, catch-up contribution limits, and penalties for not complying with the new rules.
Join us for a discussion led by James O’Donoghue from BCG Securities, the provider of NJBIA’s Retirement Savings Program, to get your questions answered and to understand what options employers have.