Associate Jacob Eigner was featured on the 401(k) Specialist podcast where he provided insights into the current status of SECURE 2.0 legislation and discussed the Department of Labor’s newly finalized ESG regulation.
Eigner, while highlighting uncertainty regarding the exact contents of the potential SECURE 2.0 legislation, covered the likely provisions to watch for if the bill is passed. These provisions include collective investment trust exemptions, raising the age for required minimum distributions, and increasing catch-up contribution limits for certain, eligible individuals.
When he discussed the new DOL ESG regulations under ERISA, Eigner laid out the changes that will impact fiduciaries, including allowing them more latitude when considering ESG investment factors and voting proxies.
To listen to this episode of the 401(k) Specialist podcast, please click here.