For plan sponsors with a pre-approved 401(k) plan document that contains a discretionary matching contribution, there is a new compliance requirement. This new requirement is a result of the ...
The increase in the cap for concessional contributions has led to the fastest growth in seven years for discretionary contributions while compulsory contributions have plateaued for the past two years ...
Employers that provide 401(k) plans on documents that have been “pre-approved” by the Internal Revenue Service (IRS) beware: there is yet another annual notice requirement that may need to be added to ...
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