Read About - Section 603 SECURE 2.0 Act – Guidance on Catch-Up ContributionsAugust 29, 2023
At a Glance
Main Takeaway
Section 603 of the SECURE 2.0 Act changed the rules for catch-up contributions to retirement plans
Read More »
Read About - New Form 5500 Guidance: DOL Changes Participant Count MethodologyJune 14, 2023
https://windes.wistia.com/medias/8w1346rqtj?embedType=async&seo=true&videoFoam=true&videoWidth=640
SpaceT
Also read our updated article: When Does a Retirement Plan Require an Audit
Read More »
Read About - SECURE 2.0 Act: Changes to Retirement Savings PlansJune 9, 2023
At a Glance
Main Takeaway
The SECURE 2.0 Act (the Act), signed into law in December 2022, builds on the initial SECURE Act of 2019 and aims to make it easier for workers to save for retirement
Read More »
Read About - ERISA or Non-ERISA Plans?May 30, 2023
https://windes.wistia.com/medias/re4s75cr8a?embedType=async&videoFoam=true&videoWidth=640
Most employer-sponsored retirement plans are subject to the Employee Retirement Income Security Act (ERISA)
Read More »
Read About - SECURE 2.0 Act Streamlines Hardship Distributions Through Self-CertificationMarch 17, 2023
The process of making hardship distributions for 401(k), 403(b), and 457(b) plans has been simplified with the enactment of the SECURE 2.0 Act in December 2022
Read More »
Read About - Retirement Plan Provisions Modified by the SECURE 2.0 Act of 2022February 7, 2023
At a Glance
Main Takeaway
The SECURE 2.0 Act of 2022 (the "Act") was signed into law by President Biden on December 29, 2022
Read More »
Read About - Know the Rules Regarding Late Employee Deferral DepositsDecember 12, 2022
At a Glance
Main Takeaway
Employers offering 401(k) plans for their employees are required to timely deposit employee salary deferrals and loan payments to the trust account each payroll cycle
Read More »
Read About - 2023 Cost of Living Adjustments for Retirement PlansNovember 8, 2022
The IRS has announced cost of living adjustments (COLA) applicable to qualified retirement plans for 2023. Following is an updated summary of those adjustments
Read More »
Read About - What You Need to Know, ERISA Record Retention RequirementsNovember 8, 2022
https://windes.wistia.com/medias/ihgxhsoxvt?embedType=async&videoFoam=true&videoWidth=640
At a Glance
Main Takeaway
As a plan administrator, you must meet all Employee Retirement Income Security Act of 1974 (ERISA) record retention requirements to ensure your plans are compliant
Read More »