Employers that sponsor qualified retirement plans, including 401(k) plans, defined benefit plans, and certain 403(b) plans, may face a December 31, 2026, deadline to adopt applicable plan amendments.
Learn how TrumpIRA.gov and the Saver’s Match could expand retirement savings access, which workers and account types may be affected, and what plan sponsors should consider in today’s blog.
Today’s blog shares key takeaways for employers regarding “super” catch-up contribution limits for employees as outlined in SECURE 2.0 Act final rules.
Today’s blog covers final rules issued by the Internal Revenue Service (IRS) on SECURE 2.0 Act provision requiring Roth catch-up contributions to be made by select participants.
Today’s blog provides an update on the regulatory guidance issued for SECURE 2.0 as well as a look at plan sponsor adoption of some of the optional features.
The Department of Labor recently announced that its Employee Benefits Security Administration intends to help smaller employers that want to offer retirement benefits choose a high-quality, low-cost option known as a pooled employer plan.
On Friday, January 10, 2025, the Department of the Treasury and the Internal Revenue Service (IRS) issued proposed rules for several provisions of the SECURE 2.0 Act of 2022 (SECURE 2.0). Part One of the blog series covered catch-up contributions. This blog […]
On Friday, January 10, 2025, the Department of the Treasury and the Internal Revenue Service (IRS) issued guidance for several provisions of the SECURE 2.0 Act of 2022 (SECURE 2.0). This blog will primarily focus on the proposed rule for qualified retirement […]
As education continues to be a major component of careers and professional development, the government has carved out many ways for employers to help support employees with education assistance programs. Currently, there are three sections of the tax code that are commonly […]
It’s become easier for plan participants to take distributions from their defined contribution (DC) retirement plan account balances, but plan sponsors still have a fiduciary duty to ensure that the need for these distributions is real. In the November/December issue of Benefits […]
