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April HR News Worth Review

Higginbotham

APRIL 11, 2022

proposals include: Expanding automatic enrollment in 401(k) and 403(b) retirement plans (for plan years beginning after Dec. 1, 2030, and to age 75 on Jan. 31, 2022); Treating student loan payments as elective deferrals for purposes of matching contributions (for plan years beginning after Dec. Key SECURE 2.0

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401(k) Taxes Retirement Plan Pension 52
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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

MARCH 31, 2021

Employers can adopt the increased limits through a retroactive plan amendment so long as the amendment is adopted before the end of the plan year in which it is effective (December 31, 2021 for calendar year plans). Single Employer Pension Plan Provisions. This provision was removed from the final bill.

Family and Medical Leave Act 40
Family and Medical Leave Act Employee Benefits Taxes Pension 40
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