January 2nd, 2025 Insight on Plan Design & Investment Strategy Every Weekday Benefits How SECURE 2.0 Provisions Can Alter Employer Strategies for 2025, 2026 Several options could aid in recruitment, retention and financial wellness. Editor's Note Editor’s Note During the holiday period, please enjoy compilations of our work from throughout the year. Today, the 10 best PLANSPONSOR articles of 2024 about SECURE 2.0. Find out more about PLANSPONSOR’s 2025 editorial coverage plans on our 2025 Editorial Calendar. The daily NewsDASH will resume on January 3.  Most Read Administration How Recordkeepers Are Supporting Participants Impacted by LA Fires Compliance FTC Issues 2nd Report Exposing Practices of Pharmacy Benefit Managers Compliance Bechtel Managed Account QDIA Lawsuit Dismissed MARKET MIRROR Tuesday, the Dow dropped 29.51 points (0.069%) to close at 42,544.22, the Nasdaq fell 175.99 points (0.90%) to close at 19,310.79 and the S&P 500 dropped 25.31 points (0.43%) to close at 5,881.63. The Russell 2000 rose 2.38 points (0.11%) to close at 2,230.16, and the FT Wilshire 5000 Index dropped 234.57 points (0.40%) to close at 58,970,02. The 10-year Treasury note was down 3/32, bringing the yield to 4.576%. The 30-year Treasury bond fell 5/32, bringing the yield to 4.785%. Administration What SECURE 2.0 Provisions Should Plan Sponsors Be Aware Of in 2025? Vanguard’s David Stinnett discusses the handful of changes going into effect that will impact retirement plan administration next year. Benefits Plan Sponsors Weigh SECURE 2.0 Options Implementation is still gaining steam for 2024 provisions such as offering additional emergency savings options and a match for student loan repayments.  Data and Research Plan Sponsors Reveal Optional SECURE 2.0 Provisions They Are Most Likely to Adopt In a Fidelity survey, plan sponsors put increasing the catch-up contribution limit for participants aged 60 through 63 in the top 5 of provisions they may add. Data and Research Many Employers Seek Help Navigating ‘Uncharted Waters’ of SECURE 2.0 Plan sponsors are searching for advisers and consultants who are highly knowledgeable about SECURE 2.0 provisions, according to a new UBS survey. Benefits Government Sponsors Say Payroll Systems Are Main Obstacle to Roth Catch-Ups Government plans need more guidance from the IRS to address payroll-related complications that affect compliance with parts of SECURE 2.0. Opinions Top Considerations for 403(b) Plans in 2024 Optional SECURE 2.0 provisions and IRS determination letters can help plan sponsors position their plans to meet participant needs. Administration 2024 PS Webinar: SECURE 2.0 Catching Up with Catch-Ups Plan sponsors, recordkeepers and payroll providers face many challenges when it comes to implementing the SECURE 2.0 provision requiring certain catch-up contributions to be made on a Roth basis. Compliance Comments Challenge IRS Interpretation of Automatic Features, Roth Matching, Other Provisions The IRS December grab bag notice provisions on de minimis incentives and terminally ill distributions also received some pushback from the industry. Compliance DOL Publishes FAQs on Emergency Savings Accounts The document clarifies acceptable investments, the $2,500 limit and other items for the feature enabled by SECURE 2.0 legislation that is debuting this year. SMALL TALK In 1905, the Russians surrendered Port Arthur (later Lüshun, China) to the Japanese in the Russo-Japanese War. In 1920, the most spectacular of the Palmer Raids, when 3,000–10,000 were arrested in more than 30 U.S. cities, accused of being foreign anarchists, communists, or radical leftists; the raids, led by Attorney General A. Mitchell Palmer, were viewed as the climax of that era’s so-called Red Scare. In 1935, the trial of Bruno Hauptmann began in New Jersey on charges of kidnapping and murdering the infant son of famed American aviator Charles A. Lindbergh; Hauptmann was found guilty and executed. In 1967, American Republican politician Ronald Reagan, who previously worked as an actor, was sworn in as governor of California. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850