As a 401(k) advisor, I need a concise overview of the SECURE 2.0 Act. Navigate to the 'SECURE 2.0' section of the website. Based on the introductory text, explain the primary purpose of the SECURE 2.0 Act, and identify the specific groups of professionals or entities that the guide emphasizes will be impacted by the changes.
Navigate to 'https://401kspecialistmag.com/'. Click on the 'SECURE 2.0' link (ID 627). Read the introductory text on the 'SECURE 2.0 Guide' page. Identify the primary purpose or significance of the SECURE 2.0 Act as described. Identify the specific groups mentioned that will be impacted by the changes. Synthesize this information into a concise answer.
The agent successfully navigates to the 'SECURE 2.0' page. The agent states that the primary purpose of the SECURE 2.0 Act is to bring about 'many impactful changes' and is described as the 'most significant pieces of retirement reform legislation to hit the books in decades'. The agent identifies '401(k) plan advisors' and 'plan sponsors' as the specific groups emphasized to be impacted by the changes.