SECURE 2.0: Plan administration, notice and disclosure provisions

 
The SECURE 2.0 Act of 2022 (Div. T of Pub. L. No. 117-328) is intended to build on changes made by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 (Div. O of Pub. L. No. 116-94). 
    • Blended performance benchmarks for asset allocation funds in DC plans (Sec. 318) 
    • Simplified disclosures for unenrolled DC plan participants (Sec. 320) 
    • Paper statements (Sec. 338) 
    • Recovery of overpayments (Sec. 301)
    • Employee Plans Compliance Resolution System (EPCRS) expansion (Sec. 305)
    • Safe harbor correction of employee elective deferral errors (Sec. 350)
    • Retirement Savings Lost and Found (Sec. 303)
    • Tribal government domestic relations orders (DROs) can be QDROs (Sec. 339)
    • Defined contribution group (DCG) audit exception (Sec. 345) 

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