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As summer turns to fall, the employee benefits landscape continues to evolve. A few of our thoughts on recent updates are below. Also be on the lookout over the coming weeks for a...
The SECURE 2.0 Act of 2022 (SECURE 2.0) significantly changes the legal and administrative compliance landscape for U.S. retirement plans. Foley & Lardner LLP is authoring a series of...
Employers can offer 401k plan participants who are age 50 or older the opportunity to defer additional compensation to their retirement accounts, more than the Code Section 402g amount, which is $22,500 for 2023. The catch-up contribution limit for 2023 is $7,500.