"If both the plan document and PTO policy allow the conversion of unused PTO to a 401(k) plan contribution, then the dollar value of the unused time may be contributed to the plan as long as the contribution does not unduly discriminate in favor of highly compensated employees (HCEs) and it does not exceed the contribution limits set by the IRS. The IRS approved of this process in Revenue Ruling 2009-31 and Revenue Ruling 2009-32."  MORE >>

"[B]enefits received by an employee pursuant to Minnesota's PFL would impact an employee's W-2 compensation for purposes of a qualified retirement plan. With the one-year extension from the IRS [Notice 2026-6] and the Minnesota Department of Employment and Economic Development, employers in Minnesota will not have to include PFL medical benefits on the employee's W-2 for 2026 and therefore will not have an impact on the definition of compensation in the employer's retirement plan."  MORE >>

6-page chart describes important administrative dates and deadlines for single-employer defined benefit plans that are subject to ERISA and the Internal Revenue Code.  MORE >>

"Reviewing your QDIA annually isn't just good governance -- it's survival. Did the fund underperform? Did the glide path become too aggressive or too conservative? Are the fees still competitive? Did the investment manager leave for a competitor? Did your workforce suddenly skew younger or older? If the answer to any of these is 'I don't know,' congratulations: you've wandered into fiduciary danger territory."  MORE >>

"The types of entities eligible for the program [have] been expanded to include multiple employer welfare arrangements (MEWAs) and Entities Claiming Exception (ECEs) seeking to file a late Form M-1.... DOL is also updating the process for the assessment of the flat rate penalty for top hat and apprenticeship and training plans."  MORE >>

"Group Health Plans: [1] Preventive care for 2025 and 2026 ... [2] [ACA] reporting ... [3] Mental Health Parity and Addiction Equity Act of 2008 requirements ... Retirement Plans: [1] SECURE 2.0 Act mandatory Roth catch-up contributions for high earners -- January 1, 2026 ... [2] Plan amendment deadlines."  MORE >>