On December 20, 2023, the IRS issued Notice 2024-2, which provides question-and-answer guidance on various aspects of the SECURE 2.0 Act. This post focuses on the “de minimis financial incentives” under SECURE 2.0 Act Section 113. (For an overview of SECURE 2.0 for defined contribution plan sponsors, click here.)
Continue reading “De Minimis Financial Incentives to Participate in a 401(k) or 403(b) Plan”
Take a quick dive into the exciting world of ERISA with Faegre Drinker benefits and executive compensation attorneys Fred Reish and Brad Campbell. In this quick-hit series of updates, Fred and Brad offer a high-level view of current trends and recent ERISA developments. See the newest episode, Unexpected Fiduciaries: Wholesalers, IMOs and Others, below.
Continue reading “ERISA Moments Ep. 12: Unexpected Fiduciaries: Wholesalers, IMOs and Others”
Take a quick dive into the exciting world of ERISA with Faegre Drinker benefits and executive compensation attorneys Fred Reish and Brad Campbell. In this quick-hit series of updates, Fred and Brad offer a high-level view of current trends and recent ERISA developments. See the newest episode, Rollovers: What PTE 2020-02 and PTE 84-24 Would Require for Rollover Recommendations, below.
Take a quick dive into the exciting world of ERISA with Faegre Drinker benefits and executive compensation attorneys Fred Reish and Brad Campbell. In this quick-hit series of updates, Fred and Brad offer a high-level view of current trends and recent ERISA developments. See the newest episode, How PTE 2020-02 Will Be Changed, below.
Continue reading “ERISA Moments Ep. 10: How PTE 2020-02 Will Be Changed”
