Promising news for clients who want to provide more rollover options to employees — a new bipartisan bill introduced in the House would permit employees to rollover money directly from Roth…

The industry has been anxiously awaiting guidance from the IRS on a variety of SECURE 2.0 issues, including questions related to the requirement that individuals with more than $145,000 in FICA wages make catch-up contributions on a Roth basis beginning in 2024.

SECURE 2.0 expanded the Self-Correction Program (“SCP”) under the Employee Plans Compliance Resolution System (“EPCRS”).

On November 22, 2022, the DOL released its long-
anticipated final rule regarding regulations governing plan investment selections, especially regarding consideration of investments focused on environmental, social, and governance issued (ESG).

December brought a lot of excitement. Among the fun: Hannukah for some, Christmas for some, and a ghost from months past for all — SECURE 2.0!

Plan Investments and the Invasion of Ukraine, DOL Chimes in on Cryptocurrency, and Lifetime Income
Illustrations

The coronavirus (COVID-19) emergency is presenting new and unique challenges that most of us are facing for the first time.

The current health concerns related to the COVID-19 pandemic virus in the United States and around the world continue to be concerning for all of us. Our team at Pension Plan Services is dedicated to providing continued service.

If you are a sponsor of a 401(k) or profit sharing plan, it is likely that your plan documents are in the “pre-approved” category.

President Trump signed the Setting Every Community Up for Retirement Enhancement (SECURE) Act into law on Dec. 20.