The Internal Revenue Service (IRS) regularly requires retirement plans to incorporate new laws and regulations. To ensure that pre-approved retirement plans incorporate these required legal and regulatory updates, the IRS...more
1/16/2025
/ 401k ,
Compliance ,
Defined Benefit Plans ,
Defined Contribution Plans ,
Employee Benefits ,
ESOP ,
Internal Revenue Code (IRC) ,
IRS ,
New Regulations ,
Pensions ,
Reporting Requirements ,
Retirement Plan ,
SECURE Act ,
Tax Planning
Key points-
•The Setting Every Community Up for Retirement Enhancement (SECURE) Act eases some of the regulation of 401(k) safe harbor plans (which are exempt from certain nondiscrimination testing) to provide employer...more
Key points-
•The new Setting Every Community Up for Retirement Enhancement (SECURE) Act, effective this year, broadens eligibility requirements for 401(k) plans.
•Previously, part-time employees who worked fewer than...more
As the end of the year approaches, employers should be aware of important year-end deadlines and considerations related to their retirement and health and welfare plans. We have compiled a list of these deadlines and provide...more