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Retirement Plans Newsletter
March 19, 2026
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💼 5 New Job Opportunities
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[Guidance Overview]
The New York Secure Choice Registration Deadlines Are Fast Approaching
"Registration deadlines are staggered based on employer size, with the first deadline -- March 18, 2026 -- applying to employers with 30 or more employees.... Participating employers are required to facilitate enrollment and payroll deductions, but do not sponsor the
IRAs." MORE >>
Jackson Lewis P.C.
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[Guidance Overview]
New York State Mandatory Auto-IRA Program
"The law applies to all private New York State for-profit and non-profit employers who do not offer their employees an employer sponsored retirement plan, and who also meet all of the following requirements: [1] Had at all times during the previous calendar year at least ten
employees in New York State, [2] Has been in business for at least two years, and [3] Has not offered, in the preceding two years, an employer sponsored retirement plan." MORE >>
Patterson Belknap Webb & Tyler LLP
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[Guidance Overview]
DOL Restores ERISA 5-Part Test After Fiduciary Rule Is Vacated
"Shortly after final judgments entered in the Northern and Eastern Districts of Texas this week officially vacated the Biden-era 2024 final rule, ... the [DOL's] Employee Benefits Security Administration late Wednesday restored [ERISA's] five-part test for determining whether a person is an investment advice fiduciary.... The late-Wednesday news drew a quick and lengthy response on LinkedIn from Lisa Gomez, who led EBSA under the Biden administration." MORE >>
401(k) Specialist
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[Guidance Overview]
'Long-Standing Investment Advice Rule' Restored by DOL
"The ink is barely dry on two federal courts' vacatur notices, but the [DOL] nonetheless has 'removed from the Code of
Federal Regulations the Biden-era 2024 final rule', updated the 2024 amendments to PTE 2020-02, and republished the operative text of that exemption." MORE >>
American Retirement Association [ARA]
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Trump Accounts Could Serve as Future Hub for Rollovers
"Trump accounts are set to launch in July ... However, many policy experts are already speculating on how they could be further integrated into the retirement system, such as using them to assist in account consolidation and to increase uptake of the Saver's
Match." MORE >>
Plan Sponsor Council of America [PSCA]
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[Opinion]
Alts May Come to 401(k)s Faster Than You Realize
"Today, the dominant assumption remains that private markets are a distant consideration -- interesting to debate, but slow to materialize because regulatory uncertainty, product complexity, and operational friction will keep adoption measured and far off. But that view
underestimates how quickly the underlying conditions are changing. The real risk isn't skepticism, it's assuming there's time." MORE >>
Plan Sponsor Council of America [PSCA]
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Employee Benefits Jobs
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Selected New Discussions |
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Self-Employed Individual's Deferral and 415 Limit
"A normal 50 sole proprietor client in 2025 who is the sole participant of a 401(k) plan. Client is not participating/deferring in any other plans. Below is how we calculated the contribution breakdown for 2025, to simplify the numbers we are using $23,500 as the net Schedule
C income after SE taxes: - 25% PS contribution: $4,700
- Deferral: $14,100
- Catch-up: $4,700
- Total contribution is $23,500 and the earned income for the plan is $18,800
Question: So the net maximum contribution is no different than had the
participant made $23,500 401(k) and no employer contribution. Do you agree the maximum total deductible contribution for this owner is $23,500?"
BenefitsLink® Message Boards
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Excess Amounts Under $250
"While calculating the annual true-up match, a safe harbor 401(k) plan recently determined that the value of the imputed income for non-cash fringe benefits was incorrectly included in Eligible Compensation when calculating employer matching contributions during 2025. These
amounts should have been excluded from compensation according to the plan document. The amount of the employer matching contributions attributable to the error (let's call them 'excess matching amounts') for an individual participant ranges from $20-$80. My interpretation of IRS ECPRS rules is that these are Excess Amounts under Section 5.01(3)(a)
and do not need to be forfeited under Section 6.02(5)(e) if the Excess Amount is under $250 for an individual participant. But we are getting significant pushback from the recordkeeper who is insisting that negative adjustments must be made to participant accounts to remove the excess matching amounts.... Is my interpretation incorrect?"
BenefitsLink® Message Boards
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Press Releases |
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Schechter Benefits Law Group LLP Announces Partners' Recognition in 2026 Super Lawyers List
Schechter Benefits Law Group LLP
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Business Insurance Health Releases Benefits ROI Calculator with Cited Outputs from Nine Research Institutions
Business Insurance Health
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Empower Announces Plans to Support Rollovers for Trump Accounts
Empower
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Webinars, Podcasts and Conferences
(Retirement Plans / Executive Compensation) |
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Washington Pulse: What Plan Committees Need to Know
May 19, 2026 WEBINAR
CAPTRUST Financial Advisors
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Last Issue's Most Popular Items |
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Text of EBSA Notice of Court Vacatur of Retirement Security Rule: Definition of an Investment Advice Fiduciary
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
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DOL Restores Long-Standing Investment Advice Rule After Pair of Court Decisions Vacate 2024 Retirement Security Rule
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
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Cybersecurity in the Age of AI : Best Practices for Employee Benefits Administration
Foley & Lardner LLP
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Copyright 2026 BenefitsLink.com, Inc. All materials contained in this newsletter are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of BenefitsLink.com, Inc., or in the case of third party materials, the owner of those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.
BenefitsLink® Retirement Plans Newsletter, ISSN no. 1536-9587.
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