The SECURE Act became law on December 20, 2019, and it modified several rules related to tax-advantaged retirement accounts. Among the changes that had an immediate impact was the new…
The IRS generally declares a partial plan termination when 20 percent of participants separate from service through layoffs, severance, or termination.
The SECURE Act, broadly aimed at retirement security, introduces new provisions impacting both individual investors and employers overseeing 401(k) plans.
Important considerations for Plan Administrators “Your defined contribution (DC) plan clients have an investment policy statement (IPS), whether they realize it or not. Those with formal policies probably have a…