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SECURE 2.0 Act Low-Balance Distribution Limit Changes: A Look by Age and Tenure

Nov 2, 2023, 12:30 PM
SECURE 2.0 Act Low-Balance Distribution Limit Changes: A Look by Age and Tenure
https://www.prrl.org/uploads/1/4/0/1/140176219/prrl_study_low_balance_accounts-final.pdf
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Full Content Date : Nov 1, 2023
Full Content Page Count : 5
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From the Public Retirement Research Lab (PRRL), a collaborative effort of EBRI and NAGDCA, this Fast Fact takes a look at cross-sectional data from the PRRL Database to gain insight into the number of additional accounts that could potentially be impacted by the SECURE 2.0 Act, which increases the dollar limit for mandatory force outs to $7,000 for distributions after Dec. 31, 2023.
Full Content Product / Source : PRRL Fast Fact
Access Package : PUBLIC
Topics :
  • Retirement
Tags :
  • prrl
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PRRL Fast Fact

SECURE 2.0 Act Low-Balance Distribution Limit Changes: A Look by Age and Tenure

Nov 2, 2023 ,  5  pages

Summary

From the Public Retirement Research Lab (PRRL), a collaborative effort of EBRI and NAGDCA, this Fast Fact takes a look at cross-sectional data from the PRRL Database to gain insight into the number of additional accounts that could potentially be impacted by the SECURE 2.0 Act, which increases the dollar limit for mandatory force outs to $7,000 for distributions after Dec. 31, 2023.