As a result of the indexing rules provided by law, the maximum guarantee limits for single-employer plans that fail in 2025 will be 4.56% higher than the limits that applied for 2024.  MORE >>

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"  MORE >>

"[T]he 2021 EPCRS requirement for a corrective repayment to be made to the plan no longer applies.... An individual who rolls over an inadvertent benefit overpayment to another eligible retirement plan may, in certain circumstances, retain the overpayment's tax-favored status....If a DB plan has a Section 436 failure due to an inadvertent benefit overpayment, to the extent the plan does not recoup such overpayment from the individual, the plan sponsor (or another party) must make a corrective payment to the plan[.]"  MORE >>

"[Notice 2024-77] clarifies some of the fine points of the new Code sections. It does not purport to interpret or affect ERISA section 206(h), which is under the [DOL's] jurisdiction. In short, the S2.0 changes to the Code do two things. First, they permit certain overpayments to remain uncorrected without adversely affecting either the qualification of the plan or the permissibility of the rollover by the participant of the overpaid amounts into another plan or IRA. Second, they codify certain overpayment corrections previously permitted by EPCRS."  MORE >>

"Starting in 2025, employees who turn 60, 61, 62 or 63 by the end of a year will be able to make even higher catch-up contributions for that year.... How much is this special catch-up for 2025? Unfortunately, that's not crystal clear."  MORE >>

"The SECURE 2.0 Act ... has brought about substantial changes to the retirement account rules in the United States.... [C]omplex changes have confused some taxpayers and plan sponsors.... This SECURE 2.0 summary highlights key provisions of the new law and potential implications for your retirement planning."  MORE >>

"With their growing popularity in the qualified retirement space, [this] Q&A provides guidance on how plan sponsors and advisors can leverage them to offer personalized and cost-effective solutions for participants."  MORE >>

24 pages. "Plan competitiveness Is sponsors' top concern.... Respondents identified offering a matching contribution as, by far, the most important feature for having a successful plan.... Only 12% of respondents are seeking to increase the number of asset managers they use. Meanwhile, more than one-third of respondents are seeking to increase the number of investment options they offer participants.... About one in four respondents say that it is difficult to make a change to their investment lineup."  MORE >>

"[M]any states are now projecting budget surpluses due to increases in general fund revenue and slower spending growth, enabling them to increase the size of their reserves significantly. While allocating these surpluses to new programs is tempting, doing so would establish higher annual budget obligations and likely exacerbate government deficits in the long run. Instead, states should focus on investing these surpluses prudently by paying down expensive long-standing debts, particularly by paying for unfunded pension obligations."  MORE >>

"To develop these rates, the SOA relied upon data furnished by the Centers for Disease Control and Prevention, [CMS], the U.S. Census Bureau, and the Social Security Administration. A document summarizing key observations, and the process used to develop the rates, along with a table of the rates themselves, [are provided]."  MORE >>