Examining the Effects of Changes to UK Auto-Enrollment
A study examined what would happen if the minimum earning threshold for UK auto-enrollment was removed, identifying positive and negative...
Tag: SECURE 2.0 Act of 2022
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.
DOL Opens Public Comment on SECURE 2.0 Provisions
EBSA will take feedback for 60 days on defined contribution reporting requirements, PEPs and emergency savings accounts.
Nearly 90% of Jobseekers Consider 401(k) a ‘Must-Have’ Benefit
Workers have continued to prioritize 401(k) saving despite inflation and market volatility, data shows.
DOL Considers Changing Standards for Annuity Provider Selection
Interpretative Bulletin 95-1 could be in for an overhaul this year or next.
Industry Players Want Mandatory Roth Catch-Up Implementation Delayed
The list of industry groups calling for more time on Roth catch-ups is growing rapidly.
IRS Gives Extra Time to Fix RMDs Made Erroneously Under SECURE 2.0
The IRS notice also allows IRA beneficiaries to not take RMDs this year from accounts inherited in 2020 or later.
Benefits |
Supreme Court Ruling Leaves Student Loan Borrowers Looking for Help
Workers with student loan debt may start to feel a pinch when payments resume in October. Plan sponsors have an...
Benefits |
AI Has Potential to Improve Plan Design, Expand Retirement Plan Access
Users may not be able to rely on artificial intelligence for financial advice yet, but technological developments are already making...
Benefits |
Equity in Plan Design Starts With Understanding Demographics, Expanding Eligibility
To provide broader and more equitable access to retirement savings for all participants, plan sponsors should consider auto features, new...
Products |
Vestwell Announces Expansion of MEP and PEP Solutions
In response to SECURE 2.0 permitting more flexibility for multiple and pooled employer plans, Vestwell is expanding its offerings for...
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...
PSNC 2023: EBSA Head Lisa Gomez Talks DOL’s Priorities
The Department of Labor's assistant secretary discussed her agency's list of top projects—from retirement equity to SECURE 2.0 guidance and...
EBSA Says It Will Propose Fiduciary Rule in August
The regulatory agenda contained several other items, such as the 401(k) lost and found, emergency savings sidecars and pooled employer...
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.