529 and ABLE Account Market Tops $410 Billion
In Q4 2022 the number of tax-preferred education savings and prepaid accounts rose to more than 16 million.
Tag: SECURE 2.0 Act of 2022
Can Participants Elect to Designate Employer Contributions as Roth or Pretax?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Does the SECURE 2.0 Act Make 403(b) Plans More Like 401(k) Plans?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
What Can Annuities Gain From Secure 2.0 Act?
The law offers some minor changes, but some sections do result in increased availability and flexibility for annuities.
SECURE 2.0 Accidentally Dropped Catch-Ups, But Industry is On the Case
Legislators seem to have dropped a section from the final version of SECURE 2.0 that nullifies catch-up contributions in retirement...
Benefits |
Delta Pilots Emergency Savings Program
The airline has partnered with Fidelity Investments to run a program in which enrolled workers can earn up to $1,000...
MFS Investment Management Hires SECURE 2.0 Expert as Retirement Strategist
Industry research veteran Jeri Savage, previously at Goldman Sachs, joins to lead defined contribution plan efforts.
How Does SECURE 2.0 Affect The Due Date for SECURE and CARES Act Plan Amendments?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Rules for Sponsor Self-Correction Broadened by Both SECURE 2.0 and DOL Proposal
The DOL made a proposal to expand the VFCP in November 2022, and SECURE 2.0 also made changes to IRS...
How SECURE 2.0 Can Help Small Businesses
SECURE 2.0 has several provisions designed to increase retirement plan creation and participation by small businesses, in particular by offering...
Ibuprofen Stock Surges as Plan Sponsors Read New DB Plan Rules in SECURE
SECURE 2.0 makes several regulatory and disclosure changes for DB plans.
SECURE 2.0 Reforms 529 and ABLE Accounts
The reforms complement the student loan matching provision and make it easier to use ABLE and 529 accounts for college...
What Does SECURE 2.0 Do for RMDs and Catch-Up Contributions?
The RMD change is straightforward, but the catch-up change, not as much.
Plan Creation in a Post-SECURE 2.0 World
SECURE 2.0 creates new tax credits and requires automatic features that will shape plan creation going forward.
CITs a No-Go for 403(b) Accounts
One of the original three bills of SECURE 2.0 did contain such a provision, but it was ultimately dropped.
Employers Have Enhanced Well-Being Programs, Not Added Annuities
Employers have embraced 401(k) plan benefits changes for 2023 but have avoided certain enhancements provided by the original SECURE Act.
A Closer Look at the Emergency Savings Provisions in SECURE 2.0
What are some of the challenges in offering emergency savings benefits?
What Does SECURE 2.0 Mean for Cash Balance Plans?
SECURE 2.0 will make backloading easier and clarify the test process.
It’s Official: SECURE 2.0 Is the Law
After many months of debate and concern that SECURE 2.0 might not pass, it has been signed into law by...
403(b) Plans Will Continue to Act More Like 401(k)s with SECURE 2.0 Changes
Plan sponsors offering 403(b) plans may be able to operate them more like 401(k)s after SECURE 2.0, according to experts.