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SECURE 2.0 Includes PBGC Premium Relief… for Some Plans

Proskauer's Employee Benefits & Executive Compensa

Act of 2022 (“ SECURE 2.0 ”) that was signed into law on December 29, 2022 as part of the 2023 Consolidated Appropriations Act includes a slew of changes for retirement plan sponsors and employers. This provides some welcome relief for plan sponsors who saw the variable rate premium increase significantly over the last decade.

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