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SECURE 2.0 ActNew SECURE 2.0 provisions for auto-enrollment and catch-up contributions kicked in on Jan. 1, 2025, however, on Friday, the Treasury Department and the Internal Revenue Service released two separate notifications with requirements related to these new regulations.
The ERISA Industry Committee (ERIC) had asked the Treasury and the IRS for additional clarity regarding these SECURE 2.0 provisions as well as student loan matching and long-term, part-time employee provisions, in a letter sent to the agencies in June.
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