In late May 2023, Congress sent a letter to U.S. Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel saying that it will introduce legislation to correct several technical errors in the SECURE 2.0 Act. The letter, signed by Senators Ron Wyden (D-OR) and Mike Crapo (R-ID), chair and ranking member of the Senate Finance Committee, respectively, and Representatives Jason Smith (R-MO) and Richard Neal (D-MA), chair and ranking member of the House Ways and Means Committee, respectively, describes four provisions in SECURE 2.0 with problematic language.
Congress Tells Treasury to Expect SECURE 2.0 Technical Fixes
Jun 14, 2023 2:05:28 PM
written by
The Retirement Group
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posted in Financial Planning, Technology, 2023, SECURE Act, Treasury, Congress