The landscape of retirement plan eligibility is shifting, and plan sponsors need to prepare for key compliance changes affecting long-term part-time (“LTPT”) employees. These new rules, mandated by the SECURE Act of 2019 and...more
4/14/2025
/ 401k ,
Benefit Plan Sponsors ,
Compliance ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
IRS ,
New Legislation ,
Part-Time Employees ,
Regulatory Requirements ,
Retirement Plan ,
SECURE Act
During 2020, a number of newly enacted laws created flexibility for various employee benefit plans. The Consolidated Appropriations Act of 2021 (the “Act”), which was signed into law on December 27, 2020, provides additional...more