Congress passes SECURE 2.0 Act, making important changes to 401(k)s
Business Management Daily
JANUARY 5, 2023
All qualified part-time employees are enrolled in the plan and pretax deductions are made from their pay. The basis for withholding, including for auto-enrollment 401(k) plans, is that you can’t miss what you never thought you had. Accounts must be set up as Roth after-tax accounts. Expanding coverage.
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