gregburst Posted November 4, 2024 Posted November 4, 2024 Pre-SECURE, QACA default rate had to escalate to at least 6% of pay. After SECURE, starting in 2025, auto-enroll plans must escalate to at least 10% of pay. So must a new QACA plan for 2025 escalate to 10% of pay, or is 6% sufficient?
justanotheradmin Posted November 4, 2024 Posted November 4, 2024 10% Bill Presson and RatherBeGolfing 2 I'm a stranger on the internet. Nothing I write is tax or legal advice. I'd like a witty saying here, but I don't have any. When in doubt, what does the plan document say?
Popular Post RatherBeGolfing Posted November 4, 2024 Popular Post Posted November 4, 2024 2 hours ago, gregburst said: So must a new QACA plan for 2025 escalate to 10% of pay, or is 6% sufficient? or start at 10% and no escalation Bill Presson, truphao, John Feldt ERPA CPC QPA and 2 others 5
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now