SECURE 2.0 Act rule change increases benefit plan cashout limit The SECURE 2.0 Act of 2022 (The Act) adds a multitude of changes with varied effective dates for plan administrators. One such change is Section 304, which increases the mandatory distribution limit from $5,000 to $7,000, effective January 1, 2024. Cashout rule overview The cashout … Continue reading Benefit Plan Insights: 5 Reasons to Leverage SECURE 2.0 Act’s Cashout Limit Change