Retirement Regulation

The mandatory SECURE 2.0 provisions that must be implemented within the next two years are generally action items for human resource and benefits professionals, benefits committees, and recordkeepers.

This massive growth will be fueled by a tight labor market and SECURE 2.0 government mandates – and 401(k)s among employers with less than 100 employees will have equaled coverage among employers of 100+ employees.

Local financial advisors are in the best position to help these small business owners implement the right retirement plan that best fits their needs, budgets and goals.

The DOL is asking Congress for $5 million to establish a dedicated program, led by the Employee Benefits Security Administration, which recovered more than $1.5 billion in lost benefits for missing participants in 2021.

Advisers and plan sponsors should start leveraging provisions of the new law, particularly the benefits now available to employees of small companies, according to a new J.P. Morgan guide.

Retirement income solutions have become more prevalent in employer 401(k) plans, but there's still no industry consensus on how to develop guaranteed retirement income solutions, according to a new survey.

Since there are disparate timelines for part-timers in SECURE 2.0 of 2022 and SECURE 1.0 of 2019, plan sponsors must make sure they have processes in place to keep track of those employees who will be impacted by the new law.

Companies need to prioritize outreach to low- and moderate-income workers, who are disproportionately less likely to participate in workplace retirement plans, according to a new report.