The SECURE 2.0 Act of 2022 brought sweeping changes to the retirement plan landscape. Many of those provisions are now operationally effective, and plan sponsors face a fast-approaching deadline to formalize the required written amendments. For advisors helping clients maintain compliant retirement plans, understanding what must happen, and when, is essential. The December 31, 2026… [keep reading…]
Tag: 401(k)
A Financial Guide for Heirs Navigating Inherited Assets
Inheriting assets involves complex tax rules and time-sensitive decisions that can impact your financial outcome. This guide covers what heirs need to know about real estate, retirement accounts, and other inherited assets.
Plan Review Triggers: Why TPAs Should Care
In 401(k) administration, a plan review is often most valuable when the employer’s business changes, even if the plan document itself has not. A plan that worked well last year can drift out of alignment when ownership, payroll, compensation, or workforce patterns shift. Periodic reviews help TPAs catch issues before they become failed testing, correction… [keep reading…]
Things to Watch for in 2026: A Forecast for Retirement Plans
The continued rollout of SECURE 2.0 and other updates means 2026 will likely be a busy year for regulatory guidance. Below are a few items that are likely to matter to advisors in 2026. More SECURE 2.0 guidance expected. Treasury and the IRS are still working through a long list of SECURE 2.0 projects, and… [keep reading…]
Switching It Up: Mid-Year SIMPLE-to-Safe Harbor 401(k) Conversions
New year, new opportunities. Just as annual limit increases prompt plan checkups and fresh strategy conversations, SECURE 2.0’s mid-year SIMPLE IRA “off-ramp” gives advisors a timely way to help growing employers pivot into a more robust retirement plan without waiting for the next calendar year. Thanks to SECURE 2.0, employers can now replace a SIMPLE… [keep reading…]