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IRS Offers Two-Year Transition Period To Implement SECURE 2.0 Roth Catch-Up Requirement - Employee Benefits & Compensation

On Friday, the IRS released Notice 2023-62, which addresses certain pressing implementation issues related to the SECURE 2.0 requirement that catch-up contributions for participants with FICA wages...
Although Notice Irs Offers Two Year Transition Period To Implement Secure 2 0 Roth Catch Up Requirement Employment And Hr Employee Benefits Amp Compensation
Source: mondaq.com

DoL Cautions 401(K) Fiduciaries with Cryptocurrency Investments

DOL issued Compliance Assistance Release cautions 401k plan fiduciaries to exercise extreme care before allowing participants to invest assets in cryptocurrencies because they present significant risks to participants’ retirement accounts
Revenue Service Commodity Futures Trading Commission Securities Exchange Commission Us Department Of Labor Financial Action Tax Assistance Release

When Are Cryptocurrencies Appropriate Investments for Retirement Plans and IRAs? DOL Cautions 401(k) Plan Fiduciaries to Exercise Extreme Care | McDermott Will & Emery

Cryptocurrencies and digital assets—such as bitcoin, ether and non-fungible tokens (NFTs)—have become some of the hottest investment products in recent years. The growing interest has...
Revenue Service Commodity Futures Trading Commission Securities Exchange Commission Us Department Of Labor Financial Action Tax Mcdermott Will

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