The SECURE Act was signed into law on December 20, 2019. It is the largest retirement planning bill enacted since the Pension Protection Act of 2006. This Act affects four main areas of consideration: 1) IRAs, 2) Retirement Plans, 3) 529 Plans and 4) specific tax extenders along with disaster...
Employee Benefit Plans
Is Your Company’s Retirement Plan Operating Properly?
Does your Company offer a retirement plan? If so, there are multiple ways a plan can fail administratively. Sometimes these errors can be self-corrected and other times the IRS/DOL imposes fines on the Plan Sponsor to correct the plan errors. If the errors are significant enough, the plan could be...