IRS Announces Delay of Implementation of SECURE 2.0 Act’s Roth Catch-up Contribution Provision for Two Years
Benefits Notes
AUGUST 29, 2023
On the legal side, plan sponsors were concerned that plans that did not offer Roth contributions would have to cease allowing older workers to make catch-up contributions effective as of January 1, 2024. As signed into law, Section 603 of the SECURE 2.0 Consequently, in order to comply with the requirements of SECURE 2.0,
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