Paychex's Zachary Keep: How SECURE Act 2.0 Can Benefit Your Business
Looking to make sense of SECURE Act 2.0 and what it means for your business? This episode of THRIVE has got you covered. Host Gene Marks sits down with Zachary Keep, Manager of Compliance Risk at Paychex, to break down the key provisions of SECURE Act 2.0, including new tax credits, auto-enrollment mandates, Rothification of catch-up contributions, and more. What you’ll learn: • Tax credits that make setting up a 401(k) basically free for small businesses • How auto-enrollment is reshaping the future of retirement plans • Insights into state-mandated retirement plans and federal compliance Whether you’re a small business owner planning to set up a 401(k), or just curious about how these changes impact employee benefits, this episode dives into everything you need to know. You’ll walk away understanding how SECURE 2.0 can help you attract top talent, retain employees, and build a competitive edge. 12 retirement trends you need to know for 2025: https://bit.ly/3WVT3DD Regulatory changes every business should know and prepare for this year: https://bit.ly/4gfFWE6 #SECUREAct #RetirementPlanning #SmallBusinessTips #SmallBusiness Topics include: 00:00 – Episode preview and welcome 01:12 – What is SECURE Act 2.0? 02:45 – SECURE 2.0 incentives for employers 03:12 – Tax credits for new retirement plans 05:22 – Matching contribution incentive structure 06:42 – New auto-enrollment rules 07:58 – Automatic escalation explained 09:31 – Rothification of catch-up contributions 11:51 – State mandated retirement plans 14:21 – SECURE Act 2.0 key takeaways 15:14 – Wrap up and thank you Subscribe above and follow our YouTube Channel: / paychex Want to learn more about Paychex Flex, our signature HR-and-payroll technology platform? Visit: https://www.paychex.com/how-paychex-w... Find helpful business resources from our WORX Knowledge Center portal. Explore topics ranging from HR and compliance challenges, tax tips, employee and performance management, wage and labor laws, marketing, employee benefits and more, at: http://paychex.com/WORX Learn about our company values and commitments at: https://www.paychex.com/corporate/cor... Follow us on LinkedIn: / paychex Find Us on Facebook: / paychex Join the Conversation on Twitter: / paychex Browse our photos and reels on Instagram: / paychex_inc
