Fidelity Reveals Top 5 Optional Provisions Plan Sponsors Are Most Likely to Adopt
Survey shows plan sponsors are most likely to adopt increased catch-up contribution limits for participants aged 60 through 63.
Tag: SECURE 2.0
SPARK To Host Workshops On SECURE 2.0 Implementation
SPARK Institute and Vangaurd will host the workshops to focus on collaboration between retirement plan recordkeepers and payroll providers on...
SECURE 2.0 Lost and Found Proposal Faces Industry Headwinds
ERIC and SPARK argue that the DOL’s data request goes beyond the intent of the statute and may create participant...
The ‘Rothification’ of Retirement Plans: Opportunity and Complexity
In-plan Roth contributions have been available for over 20 years, but recent retirement legislation will increase both their use and...
Roth in Reality
Further guidance is needed for recent federal retirement legislation as industry faces implementation.
Retirement Plan Tax Credits for the Smallest Employers Gain Traction in Congress
The RISE Act would raise credits for micro-businesses with less than ten employees.
Plan Sponsors Seeking Advisers with SECURE 2.0 Know-how
Many plan sponsors are in search of advisers and consultants who can help guide them through SECURE 2.0, UBS finds.
IRS Clarifies SECURE 2.0 W-2 Changes
Roth contributions, natural disasters and de minimis incentives could require tax reporting changes.
Adviser Opportunities
Vestwell’s Kevin Gaston offers an analysis of legislative changes, emerging challenges and strategic financial opportunities.
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...
DOL Extends Time for SECURE 2.0 Reporting, Disclosure Comments
The DOL’s EBSA will take public comments for an additional 30 days.
Key SECURE 2.0 Provisions to Look Out for Right Now
Experts shared the provisions of the SECURE 2.0 Act of 2022 that are generating the most buzz in a PLANADVISER...
Record Number of Participants Raised Deferral Rate in 2023, Vanguard Reports
On the other side of the equation, plan loans were up 12% year-over-year, and hardship withdrawals increased modestly.
House Approves Measure to Allow CIT Use in 403(b) Plans
The amendment is a first step in meeting industry calls to extend the lower-cost investment vehicle beyond 401(k) plans.
Industry Asks IRS to Limit Automatic Features in Merged Plans
Specifically, commenters request that single-employer plans not required to have automatic features, should retain that status when joining a MEP...
Past Proposals to Tax Qualified Retirement Plans Have Never Gotten Far
Industry has always organized to defeat even marginal changes to the tax-preferred status of DC plans.
EBRI Finds Small Businesses Don’t Know About Start-Up Credits
The research institute also found that some businesses would consider ending their plan and joining a state-run auto-IRA program if...
Advisers Hardly Ever Recommend Active TDFs to Retirement Plans, Research Shows
A report from Cerulli also found that student loan matching and Roth matching are among the most recommended SECURE 2.0...
Commenters Request Eased Enforcement on SECURE 2.0 Part-Time Eligibility
Many stakeholders expressed concern with the administrative hassle of tracking the service of long-term, part-time employees and said compliance would...