28 pages. "What's New: New code Y for box 7.... Reminders: Automatic rollover amount.... Information Reporting Intake System (IRIS).... Online fillable forms." [Also available: 2025 IRS Form 5498 and 2025 IRS Form 1099-R]  MORE >>

"In order to be able to correct using SCP, EPCRS Section 4.04 states that a Plan Sponsor must have 'practices and procedures reasonably designed to promote and facilitate overall compliance in form and operation with applicable Code requirements,' and they must be routinely followed.... Employees come and go, and people take their knowledge with them. By having written P&Ps, that knowledge is passed on and not lost, and the company has a much better chance of avoiding plan compliance failures."  MORE >>

"Update/enhance recordkeeping systems, thresholds, and platforms to support and comply with new regulatory requirements. This includes automating services to help reduce the burden of administration.... [P]roactively provide easy-to-understand educational materials ... to accommodate diverse learning preferences.... [C]ontinue to develop their product and service offerings to deliver the best possible participant experience. This includes offering the ability to utilize certain customization based on an employer's workforce needs."  MORE >>

"[1] Waiting too long to prepare the QDRO ... [2] Incorrect or incomplete plan information ... [3] Confusing different types of plans ... [4] Not addressing survivor benefits ... [5] Using generic templates ... [6] Ignoring pre-approval by the plan administrator ... [7] Mismanaging taxes on distributions ... [8] Forgetting to divide all plans."  MORE >>

"Providers use AI and machine learning to monitor account activity and transaction requests for signs of fraud or cognitive decline. The software can analyze patterns such as the timing, size, and destination of withdrawals, changes to personal information, login location, and more. Unusual patterns can trigger alerts or protective holds."  MORE >>

"70% of participants said they would consider adding an annuity to their employer-sponsored plan if available.... 79% of those who would consider adding an annuity prefer to contribute smaller amounts over time.... This inclination ... underscores the power of consistent contributions and the behavioral advantage of embedding annuities in an employer-sponsored plan rather than providing an option to purchase an annuity at retirement."  MORE >>

"Employees in the sandwich generation, juggling the financial responsibilities of supporting aging parents and dependent children, often struggle to focus on their long-term financial goals. Plan sponsors are in a unique position to assist this group by offering targeted financial wellness resources and plan features designed to ease their financial strain."  MORE >>

"[A description of the bill] primarily focused on extending individual tax provisions from the 2017 Tax Cuts and Jobs Act. These include lower tax rates, an increased standard deduction, and enhancements to the child tax credit ... [It] did not introduce new provisions directly (or negatively) affecting retirement plans."  MORE >>

"The Helping Young Americans Save for Retirement Act ... delays ERISA provisions that require businesses to undergo mandatory audits if they allow employees under the age of 21 to start contributing to their retirement account. The legislation also exempts 18- to 20-year-old employees from testing related to retirement funds[.]"  MORE >>

"The funded status of the 100 largest corporate defined benefit pension plans improved by $3 billion during April ... As of April 30, the funded ratio rose to 102.9%, from 102.7% at the end of March. April's increase comes on the heels of an $11 billion funded status decline seen at the end of the first quarter of 2025."  MORE >>

"[T]he Teachers’ Retirement System (TRS), New York City Employees’ Retirement System (NYCERS) and Board of Education Retirement System (BERS) have instructed their public markets asset managers to submit a written plan describing their net zero plans, by June 30. In the written plans, the managers are expected to adopt the following practices ... [1] Engage portfolio companies to drive real economy decarbonization, not just portfolio decarbonization. [2] Incorporate material climate change-related risks and opportunities in investment decision-making. [3] Ensure a robust and systematic stewardship strategy that addresses prioritization and escalation of engagement and voting to advance decarbonization."  MORE >>

"In January, ensure new salary deferral elections for the current year are implemented timely and correctly. In March and April, companies with annual incentive payments based on the calendar year should ensure that annual bonus deferral elections are properly applied and new bonus deferral elections are implemented.... In January, identify any payments that are required to be made in the current year based on a distribution event in a prior year ... Corrections of 409A failures are allowed up to the end of the second year after the year of the failure."  MORE >>