In this series of articles, we explore the implications of the long-term, part-time employee rules under the SECURE Act and SECURE 2.0 and the impact those rules have on employers and their workforces.
Under the SECURE...more
1/25/2024
/ 401k ,
403(b) Plans ,
Employee Benefits ,
Employees ,
Employer Contributions ,
Full-Time Employees ,
IRS ,
Non-Discrimination Rules ,
Part-Time Employees ,
Retirement ,
Retirement Plan ,
SECURE Act
In December 2022, Congress enacted groundbreaking legislation as part of the SECURE 2.0 Act (SECURE 2.0) codifying an opportunity for employers to provide matching contributions within a tax-qualified retirement plan based on...more
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond.
In an open letter to Secretary of the Treasury Janet Yellen and IRS Commissioner...more
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond.
Section 603 of the SECURE 2.0 Act requires catch-up contributions made by...more
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond.
The SECURE 2.0 Act requires participants who earned more than $145,000 in FICA...more
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond.
The SECURE 2.0 Act indicates that any plan that permits catch-up contributions...more
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond.
The SECURE 2.0 Act indicates that any plan that permits catch-up contributions...more
In this series of articles, we explore the implications of SECURE 2.0’s changes to catch-up contributions and how employers should respond.
The SECURE 2.0 Act indicates that any plan that permits catch-up contributions...more
Join partners from McDermott’s Employee Benefits team as they discuss the impact of the recently passed SECURE 2.0 Act of 2022. With over 90 changes to retirement plans and individual retirement accounts (IRAs), this webinar...more
1/13/2023
/ 401k ,
403(b) Plans ,
Automatic Enrollment ,
Consolidated Appropriations Act (CAA) ,
Continuing Legal Education ,
Defined Benefit Plans ,
Early Retirement Distributions ,
Employee Benefits ,
Employee Contributions ,
Employer Contributions ,
Hardship Distributions ,
Health and Welfare Plans ,
Individual Retirement Account (IRA) ,
Required Minimum Distributions ,
Retirement ,
Retirement Funds ,
Retirement Plan ,
Retirement Plan Providers ,
Roth IRA ,
SECURE Act ,
Student Loan Benefit Programs ,
Webinars
The US Congress recently passed the SECURE 2.0 Act of 2022 (SECURE 2.0). Building on the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 (SECURE 1.0), SECURE 2.0 strives to expand retirement plan...more
1/11/2023
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Compensation & Benefits ,
Employee Benefits ,
Employees ,
Employer Contributions ,
Employer Liability Issues ,
New Legislation ,
Part-Time Employees ,
Regulatory Reform ,
Required Minimum Distributions ,
Retirement Plan ,
SECURE Act