Beginning January 1, 2026, the Secure 2.0 Act Roth Catch-up rule requires higher-income employees who make catch-up contributions to do so on an after-tax, or Roth, basis. Previously, employees could choose between pre-tax (Traditional) or after-tax (Roth) catch-up contributions, depending on the plan’s provisions. Here’s what you need to know about this key change: What […]
SECURE 2.0 Act: Mandatory Roth Catch-up Contributions Read More »
If you’re a California employer with at least one employee, 2026 is the year to act on your retirement plan offerings. The final compliance deadline for California’s CalSavers program is December 31, 2025, and enforcement is now in effect. What is CalSavers? CalSavers is a state-sponsored retirement savings program designed to help Californians save for
CalSavers: Compliance for Small Businesses in 2026 Read More »
The SECURE 2.0 Act passed in December 2022, builds upon the original SECURE Act of 2019 and aims to enhance retirement savings and expand access to retirement plans. Looking ahead to 2025, several key changes are set to take effect that could impact both employers and employees alike. Here’s a quick overview of the key
SECURE 2.0: Key Changes & Updates for 2025 Read More »
What is Secure 2.0? On December 29, 2022, the Secure 2.0 Act was signed into law by President Biden as part of the Consolidated Appropriations Act of 2023. The Act has 92 provisions aimed at increasing savings, boosting business incentives, and providing participants with more flexibility when saving for retirement. The SECURE Act (Setting Every
Securing Your Retirement Future – What You Need to Know About the Secure 2.0 Act Read More »