Managing retirement plan compliance is a balancing act, especially when navigating complex nondiscrimination testing (NDT) rules. Failure to comply can result in financial penalties, administrative burdens, and tax implications.

This white paper delivers practical guidance on simplifying compliance while maximizing the appeal of retirement plans. You’ll gain the expertise needed to design compliant, effective retirement plans that retain and attract top talent.

By downloading this white paper, you’ll learn:

Common reasons for NDT failure
Strategies to reduce NDT failure risks
How auto-enrollment and optimized matching structures promote compliance
The advantages and disadvantages of nonqualified plans
Best practices for creating safe harbor plans and minimizing administrative strain

This material was created to provide information on the subjects covered, but should not be regarded as a complete analysis of these subjects. The information provided cannot take into account all the various factors that may affect your particular situation. The services of an appropriate professional should be sought regarding before acting upon any information or recommendation contained herein to discuss the suitability of the information/recommendation for your specific situation.

Gallagher Fiduciary Advisors, LLC (“GFA”) is an SEC Registered Investment Advisor that provides retirement, investment advisory, discretionary/named and independent fiduciary services. GFA is a limited liability company with Gallagher Benefit Services, Inc. as its single member. GFA may pay referral fees or other remuneration to employees of AJG or its affiliates or to independent contractors; such payments do not change our fee. Neither Arthur J. Gallagher & Co., GFA, their affiliates nor representatives provide accounting, legal or tax advice.

Securities offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth. Neither Osaic Wealth nor their affiliates provide accounting, legal or tax advice. Review the Osaic Form CRS.

New IRS tax forms for retirement plan payment withholding, effective Jan. 1, 2023

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