HSA Contribution Limits Set to Increase in 2024
The IRS annually evaluates limits and thresholds for various benefits and provides increases, as needed, to keep pace with inflation. The...
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Latest News - Employee Benefit Plans
Plan Sponsor Alert: DOL Enforcement Activity Expected to Increase in 2023
In 2022, the Employee Benefits Security Administration (EBSA) saw a significant decrease in enforcement actions for the second consecutive...
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Collective Investment Trust — What Plan Sponsors Need to Know
Collective investment trusts (CITs) comprise nearly half of all assets in target date funds and are on track to surpass mutual funds as the...
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Retirement Savings Provisions You Should Know: The Secure 2.0 Act
January 23, 2023 — President Biden signed the Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) on December 29,...
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IRS New Pilot Inspection Program for Retirement Plans
In June 2022, the IRS began sending notices to retirement plan sponsors for examination of their employee retirement plans. This new inspection...
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DOL Issues Cybersecurity Guidance for Retirement Plans
The Department of Labor (DOL) outlined a range of practices for combatting the growing threat of cybercrime to...
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