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Notice 2024-02: IRS Offers Guidance on (Some) SECURE 2.0 Questions

Proskauer's Employee Benefits & Executive Compensa

Employer Reporting : Matching and nonelective Roth contributions are not treated as wages for purposes of FICA and FUTA taxes. Employers must report matching and nonelective Roth contributions as if such contributions were directly rolled over to a designated Roth account in a Roth in-plan conversion.

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