Retirement

The SECURE Act—What Employers Need to Know

The SECURE Act—What Employers Need to Know

Julie Stich, CEBS
 

On December 20, 2019, President Trump signed the Further Consolidated Appropriations Act of 2020, an appropriations law to fund certain federal agencies through September 30, 2020. This law included bipartisan legislation, the Setting Every Community Up for Retirement Enhancement (SECURE) Act, widely […]

401(k) Hardship Withdrawals: No More Six-Month Contribution Suspensions

401(k) Hardship Withdrawals: No More Six-Month Contribution Suspensions

Lois Gleason, CEBS
 

In September 2019, the Internal Revenue Service (IRS) and Department of Treasury issued final regulations easing restrictions on hardship distributions from defined contribution retirement plans. While there were a number of important changes in the regulations, this blog focuses on changes regarding […]