ERISA Connection: New Catch-Up Contributions for Ages 60-63 Starting in 2025
Definiti's ERISA Connection article covers new catch-up contribution limits for plan participants age 60-63, starting in 2025.
Definiti's ERISA Connection article covers new catch-up contribution limits for plan participants age 60-63, starting in 2025.
Definiti will begin preparing notices and required amendments for plans that need to add automatic enrollment, effective January 1, 2025. Learn more in this ERISA Connection.
In this ERISA Connection article for retirement plan sponsors and their financial advisors, you'll find information about the delayed amendment deadline and mandatory automatic enrollment for CODAs.
SECURE 2.0 included 90+ provisions that could have an impact on your plan. Definiti has carefully reviewed all the provisions, and we’re making recommendations on how you may want to amend your plan to adopt the new optional provisions.
Long-term part-time employees who weren’t previously eligible may now have an opportunity to make salary deferral contributions to your plan.