PLANADVISER - Summer 2023 - 28

Roundtable
SECURE 2.0 Insecurities
3 experts cite clients' biggest concerns about the new retirement act
F
or our latest PLANADVISER Magazine roundtable,
Alex Ortolani, managing editor of PLANADVISER.
com, talked with (from left, above) Dawn McPherson,
director of retirement plan consulting for CAPTRUST
Financial Advisors; Kelli Send, a principal in Francis LLC as
well as the firm's senior vice president of financial wellness
services; and Jodi Epstein, an employee benefits partner
in Ivins, Phillips & Barker. The group discussed the challenges,
opportunities and overall possibilities presented
by implementing provisions included in the SECURE-for
Setting Every Community Up for Retirement Enhancement-2.0
Act of 2022.
Some of the SECURE 2.0 provisions took effect this
January 1, such as raising the required minimum distribution
age to 73 and increasing the small-business startup
tax credit from 50% of administrative costs to 100%, up to
$5,000. Still others will take effect in future years, such as
requiring automatic enrollment for new 401(k) and 403(b)
plans, starting in 2025.
PLANADVISER: How has SECURE 2.0 affected your business
and the retirement plan landscape so far?
Kelli Send: There hasn't been a huge impact yet, because
very little has really happened at this point. The participants
who are more engaged with their plan are very interested
in the concept of being able to designate employer
contributions as Roth. ... There's huge interest in being able
to move those employer contributions over into Roth, and
that's one thing that's supposed to happen this year, but
28 planadviser.com | Summer 2023 | Awards & Innovation
Art by Chris Buzelli

http://www.planadviser.com

PLANADVISER - Summer 2023

Table of Contents for the Digital Edition of PLANADVISER - Summer 2023

Leadership in Practice
SECURE 2.0 Insecurities
The Need for NQDC Support
Advisers’ Huge Opportunity
Do 3(38)s Assume More Risk?
Match for Student Debtors
'The Question Stands
PLANADVISER - Summer 2023 - C1
PLANADVISER - Summer 2023 - C2
PLANADVISER - Summer 2023 - 1
PLANADVISER - Summer 2023 - 2
PLANADVISER - Summer 2023 - 3
PLANADVISER - Summer 2023 - 4
PLANADVISER - Summer 2023 - 5
PLANADVISER - Summer 2023 - 6
PLANADVISER - Summer 2023 - 7
PLANADVISER - Summer 2023 - 8
PLANADVISER - Summer 2023 - 9
PLANADVISER - Summer 2023 - 10
PLANADVISER - Summer 2023 - 11
PLANADVISER - Summer 2023 - 12
PLANADVISER - Summer 2023 - 13
PLANADVISER - Summer 2023 - 14
PLANADVISER - Summer 2023 - 15
PLANADVISER - Summer 2023 - Leadership in Practice
PLANADVISER - Summer 2023 - 17
PLANADVISER - Summer 2023 - 18
PLANADVISER - Summer 2023 - 19
PLANADVISER - Summer 2023 - 20
PLANADVISER - Summer 2023 - 21
PLANADVISER - Summer 2023 - 22
PLANADVISER - Summer 2023 - 23
PLANADVISER - Summer 2023 - 24
PLANADVISER - Summer 2023 - 25
PLANADVISER - Summer 2023 - 26
PLANADVISER - Summer 2023 - 27
PLANADVISER - Summer 2023 - SECURE 2.0 Insecurities
PLANADVISER - Summer 2023 - 29
PLANADVISER - Summer 2023 - 30
PLANADVISER - Summer 2023 - 31
PLANADVISER - Summer 2023 - The Need for NQDC Support
PLANADVISER - Summer 2023 - 33
PLANADVISER - Summer 2023 - Advisers’ Huge Opportunity
PLANADVISER - Summer 2023 - Do 3(38)s Assume More Risk?
PLANADVISER - Summer 2023 - Match for Student Debtors
PLANADVISER - Summer 2023 - 37
PLANADVISER - Summer 2023 - 'The Question Stands
PLANADVISER - Summer 2023 - 39
PLANADVISER - Summer 2023 - 40
PLANADVISER - Summer 2023 - C3
PLANADVISER - Summer 2023 - C4
https://www.planadviserdigital.com/planadviser/winter_2023
https://www.planadviserdigital.com/planadviser/fall_2023
https://www.planadviserdigital.com/planadviser/summer_2023
https://www.planadviserdigital.com/planadviser/industryleader_2023
https://www.planadviserdigital.com/planadviser/spring_2023
https://www.planadviserdigital.com/planadviser/november_december_2022
https://www.planadviserdigital.com/planadviser/september_october_2022
https://www.planadviserdigital.com/planadviser/july_august_2022
https://www.planadviserdigital.com/planadviser/may_june_2022
https://www.planadviserdigital.com/planadviser/industry_leader_awards_2022
https://www.planadviserdigital.com/planadviser/march_april_2022
https://www.planadviserdigital.com/planadviser/january_february_2022
https://www.planadviserdigital.com/planadviser/november_december_2021
https://www.planadviserdigital.com/planadviser/september_october_2021
https://www.planadviserdigital.com/planadviser/july_august_2021
https://www.planadviserdigital.com/planadviser/may_june_2021
https://www.planadviserdigital.com/planadviser/march_april_2021
https://www.planadviserdigital.com/planadviser/january_february_2021
https://www.planadviserdigital.com/planadviser/november_december_2020
https://www.planadviserdigital.com/planadviser/september_october_2020
https://www.planadviserdigital.com/planadviser/july_august_2020
https://www.planadviserdigital.com/planadviser/may_june_2020
https://www.planadviserdigital.com/planadviser/march_april_2020
https://www.planadviserdigital.com/planadviser/january_february_2020
https://www.planadviserdigital.com/planadviser/november_december_2019
https://www.planadviserdigital.com/planadviser/september_october_2019
https://www.planadviserdigital.com/planadviser/july_august_2019
https://www.planadviserdigital.com/planadviser/may_june_2019
https://www.planadviserdigital.com/planadviser/march_april_2019
https://www.planadviserdigital.com/planadviser/january_february_2019
https://www.planadviserdigital.com/planadviser/november_december_2018
https://www.planadviserdigital.com/planadviser/september_october_2018
https://www.planadviserdigital.com/planadviser/july_august_2018
https://www.planadviserdigital.com/planadviser/may_june_2018
https://www.planadviserdigital.com/planadviser/march_april_2018
https://www.planadviserdigital.com/planadviser/january_february_2018
https://www.planadviserdigital.com/planadviser/november_december_2017
https://www.planadviserdigital.com/planadviser/september_october_2017
https://www.planadviserdigital.com/planadviser/july_august_2017
https://www.nxtbookmedia.com