ERIC Releases Priority Areas for Retirement, Health Benefit Regulations
The organization representing employment benefit leaders seeks clarity for a number of items in the SECURE 2.0 Act.
Tag: catch-up contributions
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.
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...
What if a Plan’s Operating System Does Not Match Age-50 Catch-Up Contributions?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Benefits |
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...
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...
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...
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.
With ‘Rothification’ of Retirement Savings, Vanguard Stresses Education
Vanguard’s retirement head discusses SECURE 2.0’s Roth provisions and the need for plan sponsor communication to participants.
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.
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.
Industry Concerns About Roth Catch-Ups Escalate
SECURE 2.0 Section 603 would require catch-up contributions made by those making more than $145,000 in wages to be made...
Could the 15-Year Catch-Up Election Enable a Pre-Tax Catch-Up Deferral Under SECURE 2.0?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Large Plan Sponsors Seek IRS Clarification on SECURE 2.0 Provisions
The ERISA Industry Committee implored the IRS to clarify how sponsors can implement new Roth features and student loan matches.
Congressional Leaders Tell Treasury to Expect SECURE 2.0 Technical Corrections
The letter did not outline a timeline but identified four technical errors and ambiguities to be fixed.
NAGDCA Asks for More Time on Roth Catch-Ups, Again
Government plans will struggle to comply with SECURE 2.0 because of their administration requirements.
Can A Church 403(b) Plan Require Employees to Use Roth Catch-Ups?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Plan Sponsors Have Lots to Prep for SECURE 2.0 Compliance
Whether legislated changes take effect now or down the road, communication with recordkeepers and participants will be crucial.
NAGDCA Says Government Plans Need More Time to Comply With SECURE 2.0
Age-60 catch-ups and Roth provisions will be especially difficult for government plans to implement.
Benefits |
SECURE 2.0 Enables Improvements to Overall Financial Wellness
From offsetting college debt payments to emergency savings, SECURE 2.0 has the potential to help participants beyond just retirement savings.