Beginning in 2024, the SECURE Act 2.0 will index IRA catchup contribution limits for inflation, making it likely that higher ...
Beginning this year, businesses with 10 or more employees must implement automatic enrollment and contribution escalation for ...
The same research team that documented the impact of auto-enrollment and auto-escalation in 401(k) plans has returned to the topic to assess how real-life events affect the longer-run effect of ...
The Treasury Department and the Internal Revenue Service issued proposed regulations Friday for several provisions of the SECURE 2.0 Act, including ones related to automatic enrollment in 401(k) and ...
(k) changes in 2025 include boosted contribution limits to help combat fears of falling behind on retirement savings.
In November, the Labor Department sent out a notice asking retirement plan administrators to submit accountholder records to populate its new database. The agency is also relying on information from ...
the IRS has clarified that auto-enrollment applies to all participants in the plan, establishing one set of regulations that addresses the SECURE 2.0 provision requiring newly-established 401(k ...
On January 10, 2025, the Treasury Department and the IRS issued Proposed Regulations addressing one of SECURE 2.0’s signature ...
Many older Americans specifically postpone retirement until age 65 so they can get health coverage through Medicare. And ...