The House recently approved a bill of proposed changes to U.S. tax-qualified retirement plans, which builds on the Setting Every Community Up for Retirement Security (Secure) Act of 2019, commonly known as “Secure 2.0.” The bill is headed to the Senate for reconciliation with a similar piece of legislation. We examine how plan sponsors will have to address the Secure 2.0 change. A laundry list of considerations must be assessed because the legislation’s proposed effective dates are for plan years after December 31, 2022. Plan sponsors could struggle or perhaps even be unable to comply with such an aggressive timetable.