IRS Issues Q&A Guidance on Some Secure 2.0 changes
The IRS issued Notice 2024-2 that provides guidance in a Q&A format on various provisions of Secure 2.0
Most of the notice deals with Q&As related to retirement plans and not to any of the individual provisions of Secure 2.0.
However, there are some sections that farmers or their tax advisors may be interested in. We will highlight the Sections of Secure 2.0 that the IRS provides guidance on here: