PODCAST: Williams Mullen's Benefits Companion - New IRS Guidance on SECURE 2.0 Act Student Loan Employer Contributions
Videocast: Asset management regulation in 2020 videocast series – SEC enforcement
Employers competing for talent with college degrees are increasingly encountering the financial impact of student loan debt among their workforce. This debt affects not only employee financial wellness but also retention,...more
State and local governmental employers in Michigan have several options when structuring retirement benefits for their workforce. Unlike private employers, governmental entities are generally not subject to ERISA and instead...more
The Internal Revenue Service (IRS) recently issued Notice 2026‑13, providing updated safe harbor notices (one for distributions from Roth accounts and one for distributions for non-Roth accounts) that plan administrators may...more
The IRS issued updated safe harbor explanations for the Section 402(f) rollover notice in Notice 2026-13, replacing Notice 2020-62. The guidance includes separate model notices for distributions from non-Roth accounts and...more
The IRS recently issued updated “safe harbor” model disclosures that can be used by retirement plan administrators with distribution election packages that permit eligible rollover distributions....more
On January 15, 2026, the Internal Revenue Service (IRS) issued Notice 2026-13, which revises the safe harbor explanations that may be used to satisfy the special tax notice requirement under Internal Revenue Code (Code) §...more
Unlike virtually all other types of plans, 457(b) plans maintained by (non-governmental) tax-exempt entities—such as many charities, hospitals, insurers, and private universities—did not receive the benefit of an extended...more
Non-governmental employers that sponsor Section 457(b) deferred compensation plans should be mindful that December 31, 2025, is the deadline for plan amendments to reflect changes in law included in the SECURE 2.0 Act of 2022...more
The IRS has released the 2026 cost-of-living adjustments to certain limits, thresholds and penalties that apply to employee benefits plans and programs. The following charts provide the applicable limits for 2026 in...more
This article is intended to explain how the updated maximum dollar limits work across multiple defined contribution retirement plans. In addition to contribution limits, the IRS recently updated the 401(a)(17) compensation...more
Non-governmental, tax-exempt employers that sponsor 457(b) plans are required to make amendments to comply with the SECURE 2.0 Act of 2022 (including the SECURE Act of 2019) no later than December 31, 2025. As we previously...more
The end of 2025 brings two important deadlines and dates for employers that sponsor 401(k) plans, 403(b) plans, governmental 457(b) plans, and group health plans. ...more
Non-governmental, tax-exempt employers (i.e., non-profit organizations) that sponsor 457(b) deferred compensation plans should add this item to their year-end to-do lists: amending the plan to comply with the SECURE 2.0 Act...more
The Internal Revenue Service and the Social Security Administration have announced the cost of living adjustments (COLA) applicable to dollar limitations for retirement plans and the Social Security wage base for 2026. ...more
The Internal Revenue Service recently announced 2026 dollar limits for qualified retirement plans (including 401(k) plans), deferred compensation plans, and health and welfare plans. Adjustments to certain limits are based on...more
Share on Twitter Share by Email Share Back to top Beginning January 1, 2026, age 50+ catch‑up contributions for “high‑paid participants” of 401(k), 403(b), and governmental 457(b) retirement plans must be made on a Roth...more
Our Employee Benefits & Executive Compensation Group advises plan sponsors to get ready for 2025 IRS year-end amendments and offers year-end action items....more
No later than December 31, 2025, non-governmental 457(b) deferred compensation plans must be amended for certain changes under the SECURE Act of 2019 and the SECURE 2.0 Act of 2022. More specifically, non-governmental 457(b)...more
The Secure 2.0 Act of 2022 gave us the Roth catch-up mandate, a revenue raiser that has caused great consternation in the retirement plan community as plan sponsors, recordkeepers and payroll providers have grappled with...more
On November 13, 2025, the Internal Revenue Service (IRS) released Notice 2025-67, which sets forth the 2026 cost-of-living adjustments affecting dollar limits on benefits and contributions for qualified retirement plans. The...more
The IRS released the cost-of-living adjustments for qualified defined contribution plans for the 2026 tax year (IRS Notice 2025-67). The following chart summarizes the key increases applicable to defined contribution plans...more
The IRS announced cost-of-living adjustments for various benefit plan limitations and thresholds that will take effect on Jan. 1, 2026. The limits for 2026 and 2025 and the applicable sections of the Internal Revenue Code are...more
On November 13, 2025, the Internal Revenue Service (IRS) announced cost-of-living adjustments (COLAs) to the dollar limits on benefits and contributions in retirement plans for 2026. These adjustments are in addition to...more
The Internal Revenue Service (IRS) has announced 2026 dollar limits on benefits, contributions, and recognizable compensation. The Internal Revenue Code (Code) affords tax benefits for employers that sponsor qualified plans...more
The Internal Revenue Service (“IRS”) has announced the following dollar limits applicable to tax-qualified plans for 2026 - The limit on the maximum amount of elective contributions that a person may make to a 401(k) plan, a...more