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The IRS announced last week that plan sponsors have an additional two years to implement the mandatory Roth catch-up provision outlined in SECURE 2.0.
In March, like many gym owners across the county, Sharoshkin shut down for months. "In the beginning, we were told we were quite literally endangering people’s lives,” recalled Sharoshkin. But now, nine months into the pandemic, Sharoshkin struggles to understand why his nearly $2 million facility has to remain empty. "I can’t tell you a week where we didn’t think, 'Are we going to make it past this month?" " Sharoshkin said. Now, the Boxing Club is among the 25 gyms suing the county in a new lawsuit. "Enough is enough already,” said one of the attorneys representing the gyms, Charl...