Oct 274 minForfeitures Again? Why You Really Do Need to Take a Second Look at Forfeiture Compliance NowAs described in our post earlier this year, the Department of the Treasury issued proposed regulations on the use of forfeitures by...
Aug 312 minThe IRS Issues a Reprieve: Roth Catch-up Contributions Deadline Delayed After 2025In response to appeals from a broad swath of the retirement plan community, on August 25, 2023, the IRS issued Notice 2023-62, which...
Aug 241 minSECURE 2.0 Matching Contributions on Student Loan RepaymentsKatrina Veldkamp's recent article for Bloomberg Law addresses the new provisions introduced by SECURE 2.0 for matching contributions for...
Jul 251 minThe Latest on MEPs, PEPs & DCGs (formerly GoPs)Get updated on the latest developments in the rapidly changing world of Multiple Employer Plans (MEPs), Pooled Employer Plans (PEPs), and...
Apr 282 minNew Rules for Form 5500The Department of Labor has issued new rules detailing a number of changes to Form 5500 and Form 5500-SF reporting, starting for plan...
Apr 134 minLost in Translation: Applying the New EPCRS Rules under Secure 2.0In a tight labor market, a 401(k) plan (or other tax-favored retirement plan such as a 403(b) plan) is not really viewed as optional for...
Mar 284 minExpanded Coverage For Part-Time Employees Under Secure 2.0The SECURE 2.0 Act was signed into law in December 2022, and it expands the requirement to cover long-term part-time (LTPT) workers in...
Mar 162 minSecure 2.0 – Treating Student Loans as Elective Deferrals SECURE 2.0 was signed into law in December 2022 as part of the Consolidated Appropriations Act of 2023. Effective for plan years...
Feb 161 minSECURE 2.0 PERMITS SELF-CERTIFICATION OF HARDSHIP DISTRIBUTION CONDITIONSThe SECURE 2.0 Act (enacted in late December 2022) makes a welcome change to the administration of 401(k), 403(b), and 457(b) plans by...
Feb 91 minA Valentine’s Day “KISS” for Small Retirement Plans: Keeping it Simple under the Secure Act 2.0 for IRAs, SEPs & SIMPLE Plans Among the sweeping retirement plan changes in the new Secure 2.0...
Jan 181 minSherrie Boutwell to present at the WP&BC 2023 Annual Legislative & Regulatory Update Join Boutwell Fay's Sherrie Boutwell as she presents with JP Morgan's Dan Notto next week on Wednesday, January 25th from 3:30 PM - 7:00...
May 13, 20222 minDOL Weighs In On Permitting 401(k) Plans Investing In CryptocurrenciesThe DOL has issued a release that outlines where they stand on the subject of 401(k) plans investing in Cryptocurrencies.