Expanding Threshold for Automatic Rollovers

Publisher: Inspira Financial

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Expanding Threshold for Automatic Rollovers

Determine if you need to amend your retirement plan documents under the latest automatic rollover provisions from the SECURE 2.0 Act: The threshold for employers to cash out former employees’ retirement accounts has increased from $5,000 to $7,000. Inspira Financial can help set you up for long-term success.