On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses big changes to contributions to retirement plans under SECURE 2.0 that begin in 2025. He covers the new “Super Catch-Up” contributions for...more
Administrators of governmental plans and church plans that are not subject to the Employee Retirement Income Security Act of 1974 (ERISA) should review the following actions to be taken before the end of 2024 and address what...more
11/21/2024
/ 403(b) Plans ,
Affordable Care Act ,
Benefit Plan Sponsors ,
Cafeteria Plans ,
Churches ,
Compliance ,
Deferred Compensation ,
Defined Benefit Plans ,
Disclosure Requirements ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Executive Compensation ,
Fiduciary-Standards ,
Health and Welfare Plans ,
Pension Plan Amendments ,
Public Employers ,
SECURE Act
The following checklist highlights key issues for general counsel with respect to employee benefit plans and executive compensation arrangements....more
The following checklist highlights key issues for corporate counsel with respect to employee benefit plans and executive compensation arrangements....more
11/20/2024
/ Benefit Plan Sponsors ,
Compensation & Benefits ,
Corporate Counsel ,
Deferred Compensation ,
Defined Contribution Plans ,
Employee Benefits ,
Employer Group Health Plans ,
Equity Compensation ,
ESOP ,
Executive Compensation ,
Fiduciary Duty ,
IRS ,
Retirement Plan ,
SECURE Act
Plan administrators should review the following actions to be taken before the end of 2024 and focus on what to expect for 2025. The following checklist addresses plan amendments, notices, and other considerations for...more
11/20/2024
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Cafeteria Plans ,
Compensation & Benefits ,
Compliance ,
Defined Contribution Plans ,
Disclosure Requirements ,
Employee Benefits ,
Employer Group Health Plans ,
Fiduciary ,
Medicare Part D ,
Notice Requirements ,
PBGC ,
Plan Administrators ,
Retirement Plan ,
Retirement Plan Providers ,
Safe Harbors ,
SECURE Act
The Commissioner of Internal Revenue announced the 2025 dollar limitations for benefits and contributions that apply to retirement plans. The Social Security Administration increased the Social Security taxable wage base....more
11/5/2024
/ 401k ,
403(b) Plans ,
Benefit Plan Sponsors ,
Contribution Limits ,
Defined Contribution Plans ,
Employee Benefits ,
Individual Retirement Account (IRA) ,
IRS ,
Retirement Plan ,
SECURE Act ,
Social Security Administration (SSA)
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses the recent IRS guidance regarding provisions under the SECURE 2.0 Act which allows employers to make matching contributions on account of...more
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt is joined by Beryl Ball, principal financial advisor at CAPTRUST, who shares her insight on leveraging some of the more popular and beneficial...more
Plan administrators should review actions to be taken before the end of 2023 and focus on what to expect for 2024. This checklist addresses plan amendments, notices and other considerations for qualified retirement plans,...more
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt shares insight on what employers need to consider now that the Affordable Care Act benchmark for determining the affordability of employer-sponsored...more
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt discusses eligible inadvertent failures that may be self-corrected under SECURE 2.0 Act and limitations on self-correction. ...more
This hybrid event offers two options for attendance: in-person or webinar. Both options will have an interactive experience and SHRM credit, so choose the method that works best for you.
Attendees will learn about topics...more
9/7/2023
/ Benefit Plan Sponsors ,
Continuing Legal Education ,
Deadlines ,
Employee Benefits ,
Events ,
Human Resources Professionals ,
Plan Administrators ,
Relief Measures ,
Retirement Funds ,
Retirement Plan ,
Retirement Plan Providers ,
SECURE Act
The Internal Revenue Service (“IRS”) provided welcome relief for administrators of plans offering catch-up contributions. Notice 2023-62, issued on August 25, essentially delays the effective date of a provision under the...more
8/31/2023
/ Benefit Plan Sponsors ,
Employee Benefits ,
Employee Contributions ,
Individual Retirement Account (IRA) ,
IRS ,
Plan Administrators ,
Retirement Plan ,
Roth IRA ,
SECURE Act ,
Time Extensions ,
U.S. Treasury
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt shares more good news for benefit plan administrators, this time under the banner of the SECURE 2.0 Act. Highlights include a discussion of the...more
At the end of 2022, President Biden signed the highly anticipated SECURE 2.0 Act into law. On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt reviews highlights of the new law, including what...more
President Biden signed the SECURE 2.0 Act of 2022 (“SECURE 2.0”) as part of the Consolidated Appropriations Act of 2023 on December 29, 2022. SECURE 2.0 includes significant changes for the administration of employee benefit...more
1/9/2023
/ 401k ,
403(b) Plans ,
Amended Legislation ,
Benefit Plan Sponsors ,
Compensation & Benefits ,
Employee Benefits ,
Individual Retirement Account (IRA) ,
Popular ,
Retirement ,
Retirement Plan ,
SECURE Act
Plan administrators should review actions to be taken before the end of 2022 and focus on what to expect for 2023. This checklist addresses plan amendments, notices and other considerations for qualified retirement plans,...more
11/22/2022
/ 401k ,
CARES Act ,
Contribution Limits ,
Defined Benefit Plans ,
Defined Contribution Plans ,
Employee Benefits ,
Employer Group Health Plans ,
Health and Welfare Plans ,
Plan Administrators ,
Qualified Retirement Plans ,
Retirement Plan ,
Safe Harbors ,
SECURE Act
This hybrid event offers two options for attendance: in-person or webinar. Both options will have an interactive experience and SHRM credit, so choose the method that works best for you.
Topics include:
> SECURE Act...more
8/26/2022
/ 401k ,
Benefit Plan Sponsors ,
Continuing Legal Education ,
Deadlines ,
Employee Benefits ,
Employee Retention ,
Employee Retirement Income Security Act (ERISA) ,
Employer Liability Issues ,
ERISA Litigation ,
Events ,
Executive Compensation ,
Fiduciary Duty ,
Human Resources Professionals ,
Individual Retirement Account (IRA) ,
Retirement Funds ,
Retirement Plan ,
SECURE Act
This Alert is a quick reminder for retirement plan sponsors to be aware of two deadlines at the end of this month.
Restated Adoption Agreements for Pre-Approved Plans -
Employers using pre-approved plan documents for...more
On this episode of Williams Mullen's Benefits Companion, host Brydon DeWitt is joined once again by Nichole Labott, Managing Director at SageView Advisory Group, to reflect upon a time before COVID-19, when the monumental...more
5/24/2021
/ 401k ,
403(b) Plans ,
Defined Benefit Plans ,
Employee Benefits ,
Lifetime Income Disclosures ,
Pensions ,
Required Minimum Distributions ,
Retirement ,
Retirement Plan ,
Retirement Plan Providers ,
SECURE Act
On the latest episode of Williams Mullen's Benefits Companion, host Brydon DeWitt is joined by colleague Nona Massengill to discuss important steps that plan administrators need to take before the end of 2020. They will...more
Please join us for our upcoming informational session and get the facts you need to know on the Setting Every Community Up for Retirement Enhancement (SECURE) Act! We will break down what this new legislation means for plan...more
The SECURE Act* (the “Act”) makes significant changes to employer-sponsored retirement plans, and many of the changes take effect immediately. Highlights of the provisions of the Act relating to retirement plans that are...more
The SECURE Act* makes significant changes to employer-sponsored retirement plans and many of the changes take effect immediately. Highlights of the provisions of the SECURE Act that are effective in 2020 include:
-...more
2/12/2020
/ 401k ,
Automatic Enrollment ,
Benefit Plan Sponsors ,
Distribution Rules ,
Early Retirement Distributions ,
Employee Benefits ,
Form 5500 ,
Individual Retirement Account (IRA) ,
Required Minimum Distributions ,
Retirement ,
Retirement Plan ,
Retirement Plan Providers ,
Safe Harbors ,
SECURE Act ,
Tax Liability ,
Tax Planning ,
Webinars