Posts from September 2025.
As you may be aware, last year, the IRS provided an extension for many retirement plans to adopt amendments under SECURE 2.0. However, it’s important to note that this extension does not apply to 457(b) plans sponsored by tax-exempt entities. These plans must continue to follow the original timeline, which requires plan amendments to be adopted ...
Football and plan corrections are often on my mind this time of the year. As the Bengals kick off their season, late summer is also the time when we receive an influx of questions from plan sponsors regarding correcting retirement plan errors. The timing is predictable because many of these issues come to light as plan auditors are finalizing their ...