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Mandatory Roth Catch-Up Contributions: Another SECURE Act 2.0 Provision
Watkins Ross
July 28, 2023 "Plan Sponsors will need to make decisions on how to implement the Roth catch-up contributions in the plan document.... If the plan does not allow for Roth contributions, highly compensated participants cannot make catch-up contributions.... Plan Sponsors will be required to operationally comply with the Roth catch-up provisions beginning January 1, 2024." MORE >> |
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