Compliance | October 11th, 2023 PLANSPONSOR Roadmap: SECURE 2.0 GPS Experts review the road map for current and upcoming dates of the retirement legislation.
Compliance | October 4th, 2023 ESOP Creation Deterred by Lack of Valuation Rules, Report Says A report from Matrix Global Advisors found that ESOPs need clear rules on valuation, which SECURE 2.0 requires the DOL...
Products | October 2nd, 2023 Guideline Launches Starter 401(k) Plan The plan provider aims to gain greater market share of retirement 401(k) plans and has debuted a starter product for...
Ask the Experts | September 26th, 2023 How Does SECURE 2.0 Alter the IRS’ Program for Correcting Plan Errors? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Benefits | September 21st, 2023 Delay on Catch-Up Provision Allows Employers to Explore Optional SECURE 2.0 Features When assessing optional provisions like emergency savings and student loan matching, Vanguard’s David Stinnett says plan sponsors should take a...
Compliance | September 18th, 2023 What Does SECURE 2.0 Do for 420 Transfers? Even though it opens the process up for more pension funds to participate, few are likely to take advantage.
Benefits | September 7th, 2023 Saver’s Match: Opportunity to Help Close Retirement Savings Access Gap Outlined in SECURE 2.0 to be introduced for the 2027 tax year, the Saver’s Match is a 50% federal matching...
Administration | August 30th, 2023 NAGDCA Provides Roth Catch-Up Guidance for Government Plan Sponsors Experts from Groom Law Group and NAGDCA noted in a webinar clarifying points from the IRS’s notice that may allow...
Benefits | August 29th, 2023 Communicating with Participants About Student Loan Payment Resumption Payments are set to resume in October, and it’s time for plan sponsors to double down on their communications about...
Data and Research | August 28th, 2023 Examining the Effects of Changes to UK Auto-Enrollment A study examined what would happen if the minimum earning threshold for UK auto-enrollment was removed, identifying positive and negative...
Administration | August 28th, 2023 Extension on Catch-Up Contribution Requirement Comes as Relief to Plan Sponsors The IRS announced last week that plan sponsors have an additional two years to implement the mandatory Roth catch-up provision...
Administration | August 25th, 2023 IRS Releases Guidance about Catch-Up Contributions Under Secure 2.0 Notice 2023-62 also announces a two-year administrative transition period for higher-income participants to designate catch-up contributions as Roth.
Ask the Experts | August 21st, 2023 How Will SECURE 2.0 Catch-Up Contributions Work In 2024, Beyond? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Ask the Experts | August 15th, 2023 How Is Compensation Defined When Considering SECURE 2.0 Catch-Up Rules? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | August 11th, 2023 DOL Opens Public Comment on SECURE 2.0 Provisions EBSA will take feedback for 60 days on defined contribution reporting requirements, PEPs and emergency savings accounts.
Data and Research | August 2nd, 2023 Nearly 90% of Jobseekers Consider 401(k) a ‘Must-Have’ Benefit Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.
Compliance | July 17th, 2023 IRS Gives Extra Time to Fix RMDs Made Erroneously Under SECURE 2.0 The IRS notice also allows IRA beneficiaries to not take RMDs this year from accounts inherited in 2020 or later.
Benefits | July 6th, 2023 Supreme Court Ruling Leaves Student Loan Borrowers Looking for Help Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an...
Benefits | July 3rd, 2023 AI Has Potential to Improve Plan Design, Expand Retirement Plan Access Users may not be able to rely on artificial intelligence for financial advice yet, but technological developments are already making...
Benefits | July 3rd, 2023 Equity in Plan Design Starts With Understanding Demographics, Expanding Eligibility To provide broader and more equitable access to retirement savings for all participants, plan sponsors should consider auto features, new...