As plan advisors, you’re likely already aware that the retirement landscape continues to shift under SECURE 2.0. Beginning January 1, 2026, one major change from SECURE 2.0 will require certain high-earning participants to make catch-up contributions as Roth, rather than pre-tax, deferrals. Advisors should help plan sponsors and participants prepare now to ensure compliance and… [keep reading…]
Tag: Plan Sponsors
The Department Of Labor Guidance On Locating Missing Participants
The Department of Labor (DOL) issued guidance and best practices on January 12, 2021 to pension plans in hopes that Plan Sponsors can locate missing participants. The guidance provides various communication strategies and ways to search for missing participants. The end goal is to have zero missing plan participants, which may be difficult to accomplish,… [keep reading…]