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American Benefits Council Comment Letter to EBSA on Notice 2024-22, Pension-Linked Emergency Savings Accounts (PLESAs) (PDF)
American Benefits Council 
[Opinion] Apr. 8, 2024 "Because administrative flexibility will be crucial to the adoption and success of PLESAs, the Council appreciates the flexibility that was provided through Notice 2024-22 ... The Council remains concerned, however, that the potential for unnecessary regulation of PLESAs, beyond what is required by the statute, would undermine the ability of plan sponsors to provide PLESAs. Accordingly, the Council encourages the IRS to continue to offer this type of flexibility to plan sponsors in any additional PLESA-related guidance that is developed in the future." |
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