Secure Act 2.0 Archives - Word on Benefits

IRS Guidance on Qualified Student Loan Payment (QSLP) Match Programs

Jenny Gartman, CEBS

11 Sep 202423 Sep 2024

Section 110 of the SECURE 2.0 Act of 2022 allows employers to make matching contributions toward employees’ qualified student loan payments (QSLPs) to 401(k) plans, 403(b) plans and governmental 457(b) plans (and SIMPLE IRAs plans not summarized in this blog). Internal Revenue […]

Benefits Magazine Defined Benefit (DB) Plans Defined Contribution (DC) Plans Employee Benefits Multiemployer Regulatory SECURE 2.0 U.S.

Missing Participants: Help From SECURE 2.0 and the Latest Best Practices

Guest Contributor

27 Feb 202428 Feb 2024

Benefits Magazine Extras articles provide you with bonus content on a mix of benefits topics as well as deep dives and analyses on the latest benefit trends and compliance issues. Foundation members can visit ifebp.org/benefitsmagazine to view the full bimonthly print edition of the […]

Communication DOL Employee Benefits ERISA Legislative Multiemployer U.S.

FAQs on Workplace Emergency Savings Accounts Under SECURE 2.0

Jenny Gartman, CEBS

22 Feb 202422 Feb 2024

The U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) has issued FAQs on optional pension-linked emergency savings accounts (PLESAs) as part of the implementation of the SECURE 2.0 Act of 2022 (ERISA section 801). SECURE 2.0 authorized 401(k), 403(b) and governmental […]

Employee Benefits Retirement

SECURE 2.0 Act: Where Are We Now?

Amanda Wilke

23 Jan 202423 Jan 2024

The SECURE 2.0 Act of 2022 (SECURE 2.0) encompasses a number of changes affecting retirement plans that go into effect over the next few years. SECURE 2.0 aims to make it easier for employers to offer retirement plans and help employees plan […]

Employee Benefits Financial Education (U.S.) SECURE 2.0 U.S.

Can Emergency Withdrawals Replace Emergency Savings?

Jonas Leyrer, CEBS

07 Dec 202307 Dec 2023

One of the first pieces of advice every personal finance guru will give you is “build up your emergency savings.” The advice has become as ubiquitous as it is effective. An emergency savings account (usually set at 3-6 months of a person’s […]

401(k) Plans Employee Benefits Financial Education Financial Education (U.S.) Regulatory Retirement SECURE 2.0 U.S.

Matching Contributions for Qualified Student Loan Payments Under SECURE Act 2.0

Jenny Gartman, CEBS

31 Aug 202331 Aug 2023

With the federal student loan debt relief plan ruled unconstitutional by the Supreme Court, more employers are expected to consider offering student loan repayment benefits (covered in Part 1) or retirement plan matching under the SECURE Act 2.0 of 2022. The optional […]

Employee Benefits Financial Wellness Legislative Regulatory Retirement

SECURE Act 2.0—How Will It Impact Your Plan?

Anne Newhouse

07 Feb 202310 Mar 2023

In the month since the SECURE Act 2.0 became law, retirement plan experts have been fast at work studying and researching the pages of provisions so that plan sponsors understand the requirements that will affect their plans. On January 24, 2023, Steven […]

Employee Benefits Financial Education Financial Education (U.S.) Financial Wellness Legislative Retirement SECURE 2.0 U.S.

What Plan Sponsors Need to Know After the Passage of SECURE 2.0 Act of 2022

Amanda Wilke

28 Dec 202217 Feb 2023

The SECURE 2.0 Act of 2022 (SECURE 2.0 Act), which aims to increase retirement savings and expand coverage to employer-sponsored retirement plans, was included in the 4,155-page omnibus spending bill (HR 2617) to fund the government for 2023. The omnibus bill was […]

DOL Employee Benefits Legislative Talking Benefits Podcast U.S.

2022 Year in Review: Benefits Past, Present and Future

Anne Patterson

22 Dec 202227 Jan 2023

Here in the benefits world, there doesn’t seem to be a slow year. The latest Talking Benefits podcast episode takes a look at the top benefits stories of the past year which has become our year-end tradition. Hear how the team did […]