The New Roth Catch-up Requirement Needs Clarification-What Are Plan Sponsors to Do?

A short provision of SECURE 2.0 raises a long list of compliance questions. Here are some of them.

Law 360 Article: Fiduciaries Must Revisit ERISA Origins

In this article published May 24, 2023 by Law360, ERISA attorney Jeff Mamorsky explores the history of ERISA and why the underpinnings of ERISA are more important than ever.

Fiduciary Advice, Qualified Retirement PlanJeff MamorskyMay 24, 2023

Cohen & Buckmann Expands; Adds Mamorsky and Moore to ERISA Team

Cohen & Buckmann’s ERISA and tax qualified plan offerings are expanded with the addition of prominent duo from Greenberg Traurig, Jeff Mamorsky and Terry Moore.

Firm News, Fiduciary Advice, Qualified Retirement PlanSandra CohenApril 29, 2023

SECURE 2.0 Creates Life Preservers for Plan Participants in Crisis

Plan sponsors who want to help participants facing personal emergencies have many new options under SECURE 2.0.

Cohen & Buckmann's Guide to SECURE 2.0

Here is a reference guide on the most comprehensive pension reform legislation since the Pension Protection Act of 2006.

SECURE 2.0, Qualified Retirement PlanCarol BuckmannFebruary 23, 2023secureact, compliance, pensionreform

Special Rules for Special Plans-How SECURE 2.0 Impacts 403(b) Plans, MEPs and ESOPs

SECURE 2.0’s general changes apply to 403(b) plans, MEPs and ESOPs. However, there are also specific provisions targeted at these specialized plans and intended to solve their unique problems.

SECURE 2.0, Qualified Retirement Plan, SECURE ActCarol BuckmannFebruary 15, 2023SECURE Act, ESOP, MEP, PEP, 403(b)

How SECURE 2.0 Helps Employees Save for Non-Retirement Needs

SECURE 2.0 gives plan sponsors new tools to help participants with emergency needs and student debt.

SECURE 2.0 – Defined Contribution Plan and IRA Distributions Reconsidered

SECURE 2.0 contains big changes to the required minimum distribution rules, including changes that could encourage annuitization of 401(k) plan benefits. Here are the important takeaways.

PLANSPONSOR Magazine Features Carol Buckmann's Advice on Compliance Reviews

Plan compliance reviews help manage audit and litigation risk.

Qualified Retirement PlanSandra CohenJanuary 30, 2023compliancereview, riskprotection, audits

SECURE 2.0 Creates New Opportunities for IRAs, SEPs and SIMPLE IRAs

Several provisions of SECURE 2.0 ease penalties for IRA violations and provide new options for employers sponsoring SIMPLE-IRAs and SEPs.

SECURE 2.0 Impacts Defined Benefit Plans, Too--Tracking the Changes

SECURE 2.0 doesn’t impact only 401(k) and other defined contribution plans. Here are the big changes that affect defined benefit plans.

What to Keep on Your Radar and Some Predictions for 2023

There were many important developments affecting plan sponsors and benefits professionals in 2022, and there is reason to expect more in 2023. Here is what to keep on your radar.

SECURE 2.0 Is Finally Passed with Gifts for Everyone

SECURE 2.0 takes aim at the retirement savings gap and contains major changes affecting all types of plans. Some of them are effective in 2023. Here are some key takeaways.