The new law extends the time a participant has to repay loans from 60 days after an offset to the date their tax return is due.
Tag: Tax Cuts and Jobs Act
Nearly two-thirds (62%) of respondents to a survey say they are "very likely" to transfer some or all of their pension obligations to an insurance company once their DB plan becomes well-funded.
This enables corporations to expense their contributions at a higher tax rate, according to Cerulli.
Of this group, 25% said they will increase their company match to the 401(k) plan.