IRS Extends Amendment Deadline for Recent New Laws
The IRS announced in Notice 2024-2 that the amendment deadline most qualified retirement plans, including 401(k) plans, for several recent pieces of federal legislation generally […]
Long-Term, Part-Time Employee (LTPTE) Regulations Proposed by IRS
On November 27, 2023, the IRS released proposed regulations addressing the new rules for long-term, part-time employees (“LTPTEs”) under tax-qualified retirement plans, including 401(k) plans. […]
Retirement Plan Assistance for Domestic Abuse Survivors
To better assist domestic abuse survivors, retirement plan administrators may consider amending their plan for 2024. Section 314 of the SECURE 2.0 Act beginning in […]
IRS Grants Relief from Secure 2.0 Roth Catch-Up Provisions
Good news! On August 25, 2023, the IRS issued Notice 2023-62, which delays the implementation of a key, and administratively troublesome, SECURE 2.0 Act provision […]
401(K) Current Events: IRS Releases Notice 2023-43, Interim Guidance On Secure 2.0 EPCRS Expansion
As we have previously reported, the SECURE 2.0 Act (SECURE 2.0), signed into law on December 29, 2022, represents a huge package of provisions affecting […]
401(K): What Do I Need To Know About SECURE 2.0? Overview Of Significant Provisions, Part III
As we have previously reported, Congress passed the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a vast collection of retirement-related provisions having a profound effect […]
401(K): What Do I Need To Know About SECURE 2.0? Overview Of Significant Provisions, Part II
As we have previously reported, Congress passed the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a vast collection of retirement-related provisions having a profound effect […]
401(K): What Do I Need To Know About SECURE 2.0? Overview Of Significant Provisions, Part I
As we have previously reported, Congress passed the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a vast collection of retirement-related provisions having a profound effect […]
ENCORE! SECURE 2.0 PASSES, REPRESENTING AN EVEN LARGER COLLECTION OF 401(K) PLAN REFORMS
In a whirlwind of year-end activity, Congress has at long last succeeded in passing the SECURE 2.0 Act of 2022 (“SECURE 2.0”), a huge package […]