…be 100% vested immediately. This is an optional plan provision and effective immediately. Plan sponsors should discuss with their plan advisor/vendors on how best to implement the mandatory plan provisions and whether to adopt optional provisions. For additional information and updates regarding SECURE Act 2.0,…
Investment Strategy Learn more about the best investment strategy for you when it comes to your retirement plan. Building an Investment Strategy Tuning Out the Chatter Why a 401(k) Plan Needs an Investment Policy Statement Stock Splits — The Good and the Bad Investor Profile…
…position created a problem for plans that provided for increasing pay credits, e.g., a formula that provided a pay credit of 3% for the first 5 years of service, 4% for years 6-15, and 5% for years 16 and up. Those plans generally depend on…