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: SECURE 2.0
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…]
Are You Ready? Key SECURE 2.0 Amendment Reminders for 2026
The SECURE 2.0 Act of 2022 brought a number of changes to retirement plans, many of which have been phased in over several years. While plan sponsors have already worked to implement many of the SECURE 2.0’s provisions discussed below, 2026 represents a critical year for mandatory plan amendments. Here is a quick guide to… [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…]