How will the New Jersey Secure Choice Act and Federal Secure 2.0 Act Affect You?

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. 

Our Featured Presenter

James O’Donoghue Chartered Retirement Plan Specialist, BCG Securities

James O’Donoghue Chartered Retirement Plan Specialist, BCG Securities

James O’Donoghue is a Financial Advisor with a focus on retirement plan consulting. He helps small to mid-size companies initiate, review, and manage their retirement plans. He focuses on 401(k), 403(b), SIMPLE IRA, and Payroll deduct IRA plans and specializing in the Multiple Employer Plan (MEP) “EANJ Retirement Advantage” program assisting Employer Association of New Jersey members and NJBIA members.

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