Lawmakers Reintroduce Bill to Allow Roth IRA Rollovers Into Workplace Plans
According to the bill’s authors, it would enable retirees to consolidate their assets and simplify their retirement savings.
Tag: Roth
Benefits |
Fidelity Retirement Account Balances Reach Record Highs
The firm’s ‘Q3 2025 Retirement Analysis’ indicated last quarter’s results were driven by consistent savings and positive market performance.
What Comes Next After IRS Issues Final Rules on Roth Catch-Ups?
Plan sponsors, payroll providers and plan administrators should already be ensuring they have processes in place to comply with the...
Vanguard: Modern Plan Designs Strengthen Participant Saving
According to Vanguard’s latest ‘How America Saves’ report, a record 45% of 401(k) plan participants increased their saving rates in...
Benefits |
Rothification, AI Advancements Among Expected Retirement Plan Trends for 2025
The head of institutional investor advice at Vanguard shares her predictions for retirement plan trends next year.
Congressional Budget Scoring Practices Incentivize More Rothification
The way Roth-style accounts are reflected in the federal budget mean they will likely continue to drive often-complex retirement plan...
Vanguard: Auto-Enrollment Continues to Boost Savings, Deferral Rates
Because of the power of automatic enrollment, 401(k) plans with less than 90% participation rates are ‘now in the minority.’
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 Could Taxing 401(k)s Look Like? And How Likely Is It?
A few informal proposals have been made in recent years, and none got very far.
Benefits |
529, ABLE Qualified Tuition Plans Reach $470B After Big Q4 Inflows
In 2023’s fourth quarter, the number of tax-preferred education savings and prepaid accounts rose to 16.4 million.
Federal Thrift Savings Plan Reports Record Match Qualifiers, Total Assets
The plan’s matching rate is 5%, and the TSP increased the automatic enrollment contribution to 5% of income in 2020.
Benefits |
Unum Group Sees Early Success With Emergency Savings Program
The insurance provider launched its emergency savings program in April, allowing participants to contribute up to $10,000 to the account...
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...
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...
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.
Benefits |
How Plan Sponsors Can Offer Backdoor Roth Conversions
Is a strategy that allows high-earners to roll over some of their retirement money into a Roth account worth the...
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.
403(b)s Show Improvement in Use of Considered Best Practices
More are using automatic plan features, fiduciary advisers and investment policy statements, PSCA finds.