Employers that sponsor retirement plans continue to have a lot on their plate. With SECURE Act 2.0 requirements now in play, this legislation continues to add more and more to your (already) overflowing plate. However, as is...more
2/14/2024
/ 401k ,
403(b) Plans ,
Automatic Enrollment ,
Deadlines ,
Employee Benefits ,
Employer Contributions ,
Hardship Distributions ,
Incentives ,
IRS ,
Pension Plan Amendments ,
Retirement Plan ,
Roth IRA ,
SECURE Act ,
Self-Correction Programs
Employers that sponsor 401(k) or 403(b) plans should be aware of eligibility and participation rules for their long-term, part-time (LTPT) employees. Historically, such plans could exclude employees who worked fewer than...more
2/1/2024
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Eligibility ,
Employee Benefits ,
Employer Contributions ,
Exempt-Employees ,
Former Employee ,
Part-Time Employees ,
Proposed Regulation ,
Retirement Plan ,
SECURE Act ,
Vesting
In welcome news to employers, recordkeepers, and payroll providers, the IRS announced last week that it is giving more time to comply with mandatory Roth catch-up contributions under the SECURE Act 2.0. As you may know,...more
8/30/2023
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Comment Period ,
Contribution Limits ,
Employee Benefits ,
IRS ,
Public Comment ,
Retirement Plan ,
Retirement Plan Providers ,
Roth IRA ,
SECURE Act