--- title: "SECURE 2.0 Act Updates: Key Changes for Your Retirement Plan in 2024" description: Stay compliant with SECURE 2.0 Act updates for 2024. Learn about mandatory automatic enrollment and super catch-up contributions impacting your 401(k) plan. Contact HR Wise for expert guidance. image: https://www.hrwisellc.com/hubfs/HR%20Wise%20Blog%20%20Secure%20Act.svg --- [![HR-WISE-LOGO-MAIN](https://www.hrwisellc.com/hubfs/HR-WISE-LOGO-MAIN.jpg)](https://www.hrwisellc.com) - [Home](https://www.hrwisellc.com) - [News & Events](https://www.hrwisellc.com/news-events) - [Blog](https://www.hrwisellc.com/hr-wise-blog) - [Contact](https://www.hrwisellc.com/contact) [Request Information](https://www.hrwisellc.com/contact) # SECURE 2.0 Act Updates: Key Changes for Your Retirement Plan in 2024 Stay compliant with SECURE 2.0 Act updates for 2024. Learn about mandatory automatic enrollment and super catch-up contributions impacting your 401(k) plan. Contact HR Wise for expert guidance. [Chandler Shepherd](https://www.hrwisellc.com/hr-wise-blog/author/chandler-shepherd) Dec 4, 2024 --- As January 1 approaches, significant updates from the SECURE 2.0 Act are set to take effect. Provisions 101 and 109 may impact your retirement plan—particularly if you manage a 401(k) plan established on or after December 29, 2022. Read on to learn how these changes could affect your plan and how HR Wise can help you meet these new requirements. ## Empower Your Employees with SECURE 2.0 Act Provisions The SECURE 2.0 Act aims to enhance retirement security by making it easier for employees to save for the future. Here's a closer look at the key provisions taking effect and what they mean for your organization. ### Provision 101: Mandatory Automatic Enrollment and Contribution Escalation #### Impact on Your Plan 401(k) plans established on or after December 29, 2022, must include automatic enrollment and automatic contribution increase features, with certain exceptions. This ensures employees start saving immediately and build their contributions over time. #### How HR Wise Can Help HR Wise provides comprehensive services to support these requirements: - **Payroll Services:** Streamline payroll management with ease. - **Eligibility Calculations:** Ensure accurate participant eligibility. - **Automatic Enrollment Support:** Set up direct mail campaigns and communication strategies for new participants. - **Automatic Contribution Increase Programs:** Automate contribution escalations for compliant and efficient plan management. Our flexible solutions are designed to reduce your administrative burden while giving you the tools and options you need to stay compliant. #### Action Steps If your 401(k) plan was established on or after December 29, 2022, confirm whether automatic enrollment and escalation features are required. Consult with your third-party administrator (TPA) for detailed guidance and next steps. ### Provision 109: New "Super Catch-Up Contributions" #### Impact on Your Plan Starting January 1, 2024, plans offering catch-up contributions to employees aged 50 and older will need to accommodate a new category: "super catch-up contributions." These enhanced contributions apply to employees who turn 60, 61, 62, or 63 during the calendar year. The IRS has announced that the 2025 annual limit for super catch-up contributions will be $11,250. #### How HR Wise Can Help HR Wise offers tools and resources to help you manage these updates: - **Contribution Calculators:** Simplify the process of adapting to IRS limits. - **Plan Adjustment Tools:** Ensure seamless integration of new contribution categories. - **Support for Plan Compliance:** We’ll work with your team to ensure all systems and documentation are updated. #### Action Steps If your plan includes catch-up contributions, contact your payroll provider to confirm support for the new limits. Coordinate with your TPA to update your plan documents and align other systems with these changes. ## Stay Ahead with HR Wise Navigating regulatory changes can be complex, but you don’t have to do it alone. At HR Wise, we’re here to support your organization with tailored solutions that keep your retirement plans compliant and effective. Ready to ensure your plan is SECURE 2.0 Act-ready? Contact HR Wise today for expert guidance and support! ## Similar posts Payroll ### [Navigating 2025: Essential Payroll Compliance Guidelines](https://www.hrwisellc.com/hr-wise-blog/navigating-2025-essential-payroll-compliance-guidelines) Essential payroll compliance guidelines for 2025, covering Social Security updates, retirement benefits, and state-specific legislation to ensure... Chandler Shepherd Jan 14, 2025 ### [Keeping Up With New Labor Laws in 2024](https://www.hrwisellc.com/hr-wise-blog/keeping-up-with-new-labor-laws-in-2024) Stay compliant with new 2024 labor laws! This blog offers strategies for businesses of all sizes to stay updated with the latest legal requirements. Chandler Shepherd May 8, 2024 HR Consulting ### [Can AI Legally Decide Employee Pay? What HR Leaders Must Know in 2026](https://www.hrwisellc.com/hr-wise-blog/can-ai-legally-decide-employee-pay-what-hr-leaders-must-know-in-2026) AI is transforming payroll and compensation decisions in 2026—but legal risks are rising fast. Learn how HR leaders can stay compliant while using AI. Chandler Shepherd Apr 9, 2026 ### ![HR Wise Logo No BG](https://www.hrwisellc.com/hs-fs/hubfs/HR%20Wise%20Logo%20No%20BG.png?width=250&height=95&name=HR%20Wise%20Logo%20No%20BG.png) Providing personable and professional human resource and payroll services to businesses that are tailored to support an owner’s primary motivation to grow and succeed at whatever they do.                     ![HR-WISE-LOGO-MAIN](https://www.hrwisellc.com/hubfs/HR-WISE-LOGO-MAIN.jpg) HR Wise, LLC 8399 E. Indian School Rd. Ste. 102 Scottsdale, AZ 85251 ### Site Map - [Home](https://hrwisellc.com/) - [Contact](https://www.hrwisellc.com/contact) - [Careers](https://www.hrwisellc.com/careers) ### Get In Touch - [8399 E. 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