Browsing Tag
SECURE Act
124 posts
The SECURE Act (Setting Every Community Up for Retirement Enhancement Act) is a U.S. law passed in 2019 to improve retirement savings access and security. It expanded eligibility for workplace retirement plans, increased the age for required minimum distributions (RMDs), allowed long-term part-time workers to join 401(k) plans, and encouraged small businesses to offer retirement benefits with tax incentives. The law also made changes to inherited retirement accounts, generally requiring beneficiaries to withdraw funds within 10 years.
Association Retirement Plan Debuts in Connecticut in Wake of New DOL Rule
In the wake of the U.S. Department of Labor’s highly anticipated final rule on ARPs taking effect last…
February 26, 2020
Open 401k MEPs: Not Just for Smaller, ‘Planless’ Employers?
When passage of the SECURE Act in late December opened the door for unrelated small and medium-sized employers…
February 24, 2020
Fixed Indexed Annuities: Record Sales in 2019, Again in 2020?
Fixed indexed annuity sales hit a record in 2019 and may set new highs in 2020, according to recent figures.
February 20, 2020
How Plan Sponsors Avoid SECURE Act Noncompliance ‘Traps’
The recently passed SECURE Act offers provisions that benefit employers sponsoring 401k plans and their employees, all with…
February 10, 2020
8 Key Provisions to Know in the SECURE Act
The SECURE Act includes almost 30 provisions intended to expand retirement savings, simplify plan administration and penalize failures to comply.
January 29, 2020
IRS Provides Relief for SECURE Act RMD Changes
There’s a bit of confusion over the age extension for required minimum distributions (RMD) contained in the recently…
January 27, 2020
SECURE Act Allows 529 Plans to Repay (Some) Student Loan Debt
One reason many people can’t contribute as much as they’d like—or should—to their 401k is they have competing…
January 20, 2020
6 Lesser-Known SECURE Act Provisions Impacting 401ks
While the major changes resulting from the SECURE Act’s annuities, RMD and open MEPs provisions—plus the elimination of…
January 14, 2020
2020 NAPA 401(k) Summit Adds 3 SECURE Act-Focused Sessions
With the SECURE Act—and its nearly 30 provisions that directly impact retirement plans—now law, there is a palpable…
January 8, 2020
A SECURE Act Safe Harbor for Guaranteed Income in 401ks: Fred Reish
The SECURE Act amends ERISA to create a fiduciary “safe harbor” for the selection of the provider of…
January 8, 2020