The IRS has announced a two-year “administrative transition period” for plan sponsors to implement the SECURE 2.0 Act provision requiring higher-income employees to make retirement plan catch-up contributions as Roth...more
8/29/2023
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403(b) Plans ,
Benefit Plan Sponsors ,
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Employee Benefits ,
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Individual Retirement Account (IRA) ,
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Relief Measures ,
Retirement Plan ,
Roth IRA ,
SECURE Act
On June 21, the Treasury Department and the Internal Revenue Service (IRS) issued proposed Internal Revenue Code (Code) section 409A regulations, modifying existing proposed and final section 409A regulations regarding...more