Why Emergency Savings May Be Staying Out of Plan
PLESAs are tax-privileged and can auto-enroll, but their out-of-plan alternative are currently more popular to many plan sponsors due to...
Tag: PLESA
Industry Players Not Concerned About PLESA Match Abuse
The Chamber of Commerce commented to the IRS that their members are not worried about participants contributing to PLESAs solely...
PLESAs Are Important Coverage Expanders, SECURE 2.0 Co-Author Argues
A former senior Senate staffer spoke at the EBRI-Milken Retirement Symposium about how pension-linked emergency savings accounts can greatly encourage...
DOL Brings Clarity to Newly Available Emergency Savings Accounts
The FAQ guidance builds on earlier IRS directives, with a focus on investments and fee structures.