News & Analysis as of

403(b) Plans

Hanson Bridgett

No Delay in Effective Date and Other Key Takeaways from the IRS’ Final Catch-Up Regulations

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On September 16, 2025, the Internal Revenue Service (IRS) issued final regulations to reflect statutory changes under Section 603 of SECURE 2.0, which generally require that catch-up contributions made by participants in...more

Quarles & Brady LLP

SECURE 2.0 Act Retirement Plan Update: Roth Catch-Up Contributions in 2026

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On September 16, 2025, the U.S. Department of the Treasury and Internal Revenue Service (IRS) issued final regulations implementing the Roth catch-up contribution provisions of the SECURE 2.0 Act of 2022. These provisions...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

IRS Issues Roth Catch-Up Contribution Rules for Highly Paid Participants

On September 16, 2025, the Internal Revenue Service (IRS) released a final regulation providing guidance on how plan sponsors should implement a requirement under the SECURE 2.0 Act for catch-up contributions in retirement...more

Mayer Brown

The Evolution of Defined Contribution Plan Class Action Litigation in 2025

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We are entering the home stretch of a memorable year. While benefits litigation may not be the first thing that comes to mind, it has been a very busy year for ERISA class actions, particularly for defined contribution plans...more

Groom Law Group, Chartered

IRS Issues Final Regulations on Catch-Up Rule Changes

On September 16, 2025, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations regarding the provisions of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) that relate to...more

Stark & Stark

[Webinar] Retirement Accounts and the Secure 2.0 Act: Where Do We Go from Here? - October 29th, 9:00 am PT

Stark & Stark on

Join Robert Morris Esq., a Shareholder in Stark & Stark’s Trusts & Estates Department, for a free webinar exploring retirement accounts (IRAs, 401(k)s, 403(b)s, and more) and the impact of the SECURE 2.0 Act. Topics will...more

Bricker Graydon LLP

IRS Provides Chance to Avoid Roth Catch-Up for Some 403(b) and 457 Participants

Bricker Graydon LLP on

The IRS recently issued final guidance on a significant SECURE 2.0 provision that changes how older, high-income employees contribute to their retirement plans. ...more

Seyfarth Shaw LLP

Time to Catch-Up (Again!) – IRS Finalizes Catch-Up Regulations

Seyfarth Shaw LLP on

On September 15, 2025, the Department of the Treasury and the Internal Revenue Service (“IRS”) issued final regulations (“Final Regulations”) implementing key provisions of the SECURE 2.0 Act, including the Roth catch-up...more

Bond Schoeneck & King PLLC

Plan Sponsors Must Address the Roth Catch-Up Contribution Mandate by January 1, 2026

The Internal Revenue Service has at long last issued final regulations with respect to the Roth catch-up contribution mandate, which was added to the Internal Revenue Code three years ago. The regulations require that 401(k),...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Retirement Balances Hit Record Highs: Staying the Course Pays Off

According to Fidelity Investments’ latest Q2 2025 retirement analysis, retirement savers got some good news: average 401(k), 403(b), and IRA balances hit record highs. Despite the rocky market start this quarter, balances...more

Eversheds Sutherland (US) LLP

IRS Elects to Contribute Complex Final Regulations on Super and Roth Catch-ups

On September 16, 2025, the Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations related to two new catch-up contribution provisions under the SECURE 2.0 Act of 2022: (1) the provision...more

McGuireWoods LLP

IRS Final Regulations on Catch-up Contributions — What Plan Sponsors Should Know

McGuireWoods LLP on

On Sept. 15, 2025, the Department of Treasury and the Internal Revenue Service released final regulations implementing the SECURE 2.0 Act’s catch-up contribution provisions, generally effective for plan years beginning on or...more

Smith Anderson

Is Your Retirement Plan Ready for Mandatory Roth Catch-Up Contributions?

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To balance the budget, SECURE 2.0 Section 603 added a requirement that catch-up contributions for certain “high earners” must be designated Roth, rather than pre-tax. ...more

Haynes Boone

SECURE 2.0 Catch-Up Contribution Final Regulations Are Here!

Haynes Boone on

Recently, the Department of the Treasury and the IRS issued the long-awaited final regulations regarding the provisions of SECURE 2.0 relating to catch-up contributions made by participants in qualified defined contribution...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Northwell Health 403(b) Case Settles After Five Years

Another excessive fee case is wrapping up, this time involving the $5.6 billion Northwell Health 403(b) Plan. After five years of motions, amendments, and appeals, the parties have agreed to a $2.75 million settlement....more

Ice Miller

IRS Issues Final Regulations on Roth Catch-Up Mandate for Higher Earners Ahead of Implementation Deadline

Ice Miller on

On September 15, 2025, the Internal Revenue Service (IRS) issued final regulations implementing provisions of the SECURE 2.0 Act related to age 50 catch-up contributions under employer-sponsored retirement plans....more

Pullman & Comley, LLC

IRS Final Regulations on Roth Catch-Up Contributions Under SECURE 2.0

Pullman & Comley, LLC on

Participants in Section 401(k), Section 403(b) and governmental Section 457(b) Plans who are age 50 or older are able to make salary deferrals in excess of the limit on salary deferrals for younger participants. These...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Empower Under Fire: Another Reminder That Providers Aren’t Immune from Fiduciary Scrutiny

When most people think about ERISA lawsuits, the usual suspects are plan sponsors. They’re the fiduciaries who pick the investments, hire the service providers, and have the crosshairs on their backs when plaintiffs’ firms go...more

Kilpatrick

Final Catch-Up Contribution Regulations under SECURE 2.0 Act

Kilpatrick on

On September 15, 2025, the Department of Treasury and Internal Revenue Service issued final regulations addressing catch-up contribution rules for 401(k) plans, 403(b) plans, and governmental 457(b) plans under the SECURE 2.0...more

Ropes & Gray LLP

[Podcast] Expanding Access to Alternative Investments in ERISA Plans—Litigation Risks and Practical Considerations

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On this Ropes & Gray podcast, ERISA and benefits partner Sharon Remmer is joined by litigation & enforcement partners, Amy Roy and Dan Ward, to discuss President Trump’s recent Executive Order that directs the U.S. Department...more

Foley & Lardner LLP

Tricky Compliance Issues for Companies When an Executive Terminates Employment: Post-Termination Benefit Promises

Foley & Lardner LLP on

Executive employment relationships are rarely permanent. When an executive or other senior-level employee terminates employment, companies often must deal with difficult tax, equity, and benefits issues that arise in...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Employment Implications When Colleges and Universities Shut Down

Over the past few years, several colleges and universities across the country have unexpectedly closed, often with little notice to the communities they served. When this happens, the immediate attention is usually given to...more

Seyfarth Shaw LLP

So, How Can Participants Invest Their Retirement Money?

Seyfarth Shaw LLP on

Under the current administration, the Department of Labor has once again changed course on its view of permissible investing strategies for retirement plans, warming to crypto and private equity, and confirming their distrust...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Fee Savings from CITs in 403(b)s Could Cover 6 Months of Retirement—If Fiduciaries Pay Attention

Vanguard’s latest report makes a blunt point: allowing collective investment trusts (CITs) in 403(b) plans could save the median plan participant about 0.08% to 0.09% annually compared to mutual fund fees—translating into...more

Mayer Brown

Broader Investment Options on the Horizon for Section 403(b) Retirement Plans

Mayer Brown on

AT A GLANCE - There is currently a disparity in the permitted investment options available under different retirement plans, putting participants of Section 403(b) plans at a disadvantage when compared with participants of...more

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