SECURE 2.0: What plan sponsors, administrators, and recordkeepers need to know
Helping employers adapt to SECURE 2.0
SECURE 2.0, Part 2: How the new retirement law affects single-employer defined benefit plans
Listen nowExplore different aspects of SECURE 2.0
SECURE 2.0 Act changes that go into effect in 2025
Sponsors of defined benefit (DB) and defined contribution (DC) plans should review these items and work with their service providers to address any questions before the effective dates.
Pension risk transfers: DOL reviews IB 95-1, guidance for selecting an annuity provider
The Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor (DOL) recently issued its report to Congress on Interpretive Bulletin 95-1 (IB 95-1).
IRS issues fact sheets on W-2 reporting and disaster relief related to SECURE 2.0
The Internal Revenue Service (IRS) recently issued two fact sheets related to certain retirement plan changes provided in the SECURE 2.0 Act of 2022 (SECURE 2.0).
Changes to the 2024 annual funding notice for single-employer defined benefit plans
As we draw closer to the time of year that defined benefit (DB) plans start sending out their annual funding notices (AFNs), we wanted to draw attention to SECURE 2.0 changes that will apply to single-employer DB plans beginning with the 2024 plan year AFNs sent out in 2025.
Technical corrections to SECURE 2.0
Our latest Benefits Alert contains information about two expected key corrections for SECURE 2.0 impacting employer-sponsored defined benefit and defined contribution plans.
New IRS guidance on long-term, part-time employees in defined contribution plans
We review recent IRS guidance related to long-term, part-time (LTPT) employee rules for cash or deferred arrangements (CODA) under section 401(k).
Guidance and transition relief for RMDs
On July 14, 2023, the Internal Revenue Service (IRS) issued Notice 2023-54, providing guidance related to certain required minimum distributions (RMDs) for 2023 and transition relief.
SECURE 2.0: New notice and disclosure requirements for lump-sum windows
SECURE 2.0: Mandatory cash-out limit increases in 2024
This Client Action Bulletin reviews the increase to the mandatory cash-out limit under the SECURE 2.0 Act of 2022 for tax-qualified, employer-sponsored DB and DC plans.
SECURE 2.0 and retirement plan overpayments: A plan sponsor’s guide to the new legislation
Recent changes in federal law addressing how plans may recoup overpayments provide enhanced protection for participants while presenting a mixed bag for plan sponsors.
Regulatory updates: Staying compliant, keeping ahead
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