How Does the New Long-Term Part-Time Rule Affect 403(b) Plans?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Tag: SECURE 2.0 Act of 2022
Plan Sponsors Get Clarity and Some New Questions in IRS Part-Time Eligibility Rules
The post-Thanksgiving rule proposal will require a close look and potential plan design changes in the coming weeks for employers...
IRS Proposes Part-Time Eligibility Rules per SECURE Legislation
Plan sponsors now have IRS guidance on what part-time workers are eligible for plans, though a comment period and finalization...
Can a Plan Sponsor Limit Hardship Distributions?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Benefits |
‘Total Financial Wellness’ Expected to Increase in 2024
Looking ahead to next year, Vanguard’s David Stinnett predicts plan sponsors will continue to expand financial wellness programs and will...
EBSA Head Lisa Gomez Talks Broadening Access to Retirement Benefits
The assistant Secretary of Labor for the Employee Benefits Security Administration spoke to PLANSPONSOR about ‘Schoolhouse Rock,’ disparities in retirement...
Benefits |
Abbott Labs Releases Blueprint to Help Employers Offer Student Loan Benefits
As student loan debt is a key driver in many employees’ financial stress, Freedom 2 Save—first implemented in 2018—could be...
Cost, Complexity Main Obstacles to Plan Creation by Small Businesses, Survey Says
The survey also found limited awareness of SECURE 2.0.
Employees More Stressed Over Immediate Expenses Than Retirement
Cost-of-living expenses, as well as student loan debt and wages, are primary obstacles to saving for retirement, according to new...
‘Important Step’ or ‘Out of Touch’? Reactions to DOL Proposal Run the Gamut
Financial sector responds to proposed amendments to advice regarding retirement plan rollovers and annuity sales.
Benefits |
Despite Savings Shortfall for Public Sector Workers, Automatic Options Yet to Catch On
Research from the MissionSquare Research Institute shows that with defined benefit pensions not providing enough for full retirement, plan design...
New Bill Would Increase Plan Startup Credits for Small Businesses
The legislation would allow businesses with 10 or fewer employees to benefit more from SECURE 2.0 credits when starting a...
Unum Plans Enhanced Student Loan Debt Repayment Program
The plan sponsor will add flexibility to a program that allows workers to use paid time off to repay student...
PBGC Announces 2024 Premiums, Guarantee Levels
Guarantee levels for single-employer plans will rise with inflation, but multiemployer plans are not indexed.
Benefits |
Is It Time for an ERISA Reboot?
Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage,...
Sponsors Need Clarity on Emergency Savings Accounts, Say Industry Advocates
In comment letters submitted to the Department of Labor, concerns expressed ranged from QDIAs to permitted withdrawals.
PLANSPONSOR Roadmap: SECURE 2.0 GPS
Experts review the road map for current and upcoming dates of the retirement legislation.
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 |
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...
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.