Aside from the wealth of provisions offering everything from tax credits to reduced administrative burdens, the new law will be critical in building savings for part-timers, nonprofit workers and those saddled with student debt.
From tax credits to changes in RMDs to allowing CITs in 403(b)s, this legislation has many provisions meant to encourage employers to offer retirement plans.
Financial professionals Courtenay Shipley at Retirement Planology, Kristen Deevy at Pensionmark, Katrina Bell at Zuna, and Deane Mayerhofer at Strategic Retirement Partners reflect on mentors, challenges, and the 401(k) industry.