Terminating plans may transfer unclaimed funds after a waiting period of 90 days. Ongoing plans must wait at least 12 months after an amount becomes payable, and the obligation can't exceed $5,000. In ...

The IRS on Sept. 15 released final regulations that reflect changes the SECURE 2.0 Act of 2022 made, including the requirement that catch-up contributions certain eligible participants make be ...

Professional mobility is ubiquitous, and the younger a member of the workforce is, the more likely it is. That may result in an interesting, varied career, but is that movement compatible with ...

More specifically, data by the company reveals that plans with auto-enroll and auto-increase had an average account balance of $158,000 as of June, compared to an overall average account balance of ...

The Saver’s Match was created by the SECURE 2.0 Act of 2022 and comes into effect in 2027. Instead of a non-refundable tax credit, the Match offers what is essentially a fully refundable credit, ...

Cross-tested plans continue to grow as a popular plan design. To accommodate different employer situations, it is essential that practitioners not only understand how to test the plans, but also how ...