SECURE 2.0 Act of 2022

Key updates impacting plan sponsors and participants

Thank you for partnering with us as you navigate the SECURE 2.0 Act of 2022. We will continue to keep you informed about the latest developments and impacts to your plan and participants. Use these resources to support you as you manage your retirement plans and help employees to prepare for and live in retirement.

Nationwide will be your partner to help implement key provisions

Nationwide Retirement Solutions is managing legislative updates through a SECURE 2.0 Program Team.

Nationwide is continuing to manage a detailed plan as we move through the implementation process for key provisions, including:

  • Implementing provisions based on their prioritization and/or required timelines
  • Moving into implementation for optional provisions
  • Connecting with plan sponsors for the rollout of provisions, where needed

We will continue to partner with you to support you as you implement the new provisions. Please review the provisions below to learn about the mandatory and optional provisions to implement in your plan. Please contact your Nationwide Retirement Specialist with any questions or concerns.

SECURE 2.0 Milestones


Industry milestones
  • 1st version of the bill, expanding on Dec. 2019 SECURE Act
  • The House of Representatives recently passed the Securing a Strong Retirement (SECURE 2.0) Act of 2022
  • Senate Committee on Health, Education, Labor and Pensions adds Rise & Shine draft
  • Finance committee approves Enhancing American Retirement Now Act
  • Congress passes the SECURE 2.0 Act of 2022 on Dec. 23, enacted on Dec. 29, 2022
Nationwide activities
  • Lobbies on Capitol Hill
  • Leaders build and amplify support in the industry, continue to draft provisions
  • Begins operational analysis to prepare, listens and lobbies while Congress continues to shape the bill(s)
  • Creates cross-functional working team, anticipates IT and operational needs


Industry milestones
  • The industry seeks technical corrections on key provisions
  • Industry conferences take place, legal and regulatory specialists contribute
  • Legal interpretations provided to address the SECURE Act and SECURE 2.0
Nationwide activities
  • Reviews and unpacks the details of 92 provisions, seeks technical guidance for key provisions
  • Begins outreach process with plans with steps for implementation
  • Implements final provisions needed for 2023, continue with provisional planning for 2024 and beyond 
  • Prioritizes mandatory and high-demand provisions
  • Continues outreach


Industry milestones
  • Guidance expected for several key provisions
Nationwide activities
  • Builds implementation steps for required and optional provisions in 2024 and beyond
  • Begins outreach process to plans for optional provisions in 2024 and beyond
  • Follows up with plans for feedback on all SECURE 2.0 provisional implementations
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Need help?
Contact your Nationwide Retirement Specialist with any questions.