The window to establish a SIMPLE IRA for the current year is closing. Employers have until October 1 to evaluate key plan design choices, understand new opportunities created by SECURE 2.0, and ensure their SIMPLE IRA is fully operational in time for employees to take advantage of year-end contribution opportunities.
Read MoreSECURE 2.0 introduced a new provision that allows certain workplace retirement plans to offer penalty-free distributions for qualified long-term care insurance premiums. While the withdrawals remain taxable, the feature may provide participants with added flexibility to address rising long-term care costs.
Read MoreSafe harbor 401(k) plans offer a streamlined path to maximizing employee and owner contributions, but specific deadlines and notice requirements apply. This expert Q&A explains who benefits most from a safe harbor design and what employers should consider before the year-end planning window closes.
Read MoreA so-called “solo(k)” is like every other 401(k) in virtually all respects. Where it may differ from group 401(k) plans is in the simplicity of its plan document, and in plan administration.
Read MoreFor many businesses, employee perks like retirement benefits may be desirable, but are secondary to maintaining everyday operations and ensuring profitability. This is especially true for small employers.
Read MoreThose who leave employment in a year in which they are—or will be—age 55 or older may take distributions from their employer’s retirement plan without being subject to the 10 percent penalty tax.
Read MoreThe Internal Revenue Service (IRS) has issued two coordinated proposed regulations that begin to define how Trump accounts will operate.
Read MoreOn March 15, 2026, Wrangle celebrates a meaningful milestone: 20 years in business. This anniversary marks not just longevity, but two decades of sustained focus on helping brokers, plan sponsors, and partners navigate the complex and ever-revolving world of ERISA compliance with confidence and clarity.
Read MoreSECURE 2.0 included a provision that requires most employees with annual income of $145,000 or more—indexed—to make their catch-up salary deferral contributions as Roth contributions. This was initially intended to take effect in 2024, but was temporarily delayed to 2026.
Read MoreWhile most financial organizations are familiar with Roth IRA conversions, the mega backdoor Roth strategy in certain employer plans has emerged as a technique for supercharging tax-free retirement savings when plan design and nondiscrimination testing allows.
Read MoreFor those whose careers began during the current heyday of 401(k) plans, the option to save a significant portion of income on a tax-advantaged basis in an employer-sponsored retirement plan is more or less taken for granted. In fact, employee “salary deferrals”—contributions of salary or wages to a plan, versus receiving in cash—now make up the majority of annual contributions to defined contribution plans.
Read MoreAn employer-sponsored retirement plan, such as a 401(k) plan, 403(b) plan, or governmental 457(b) plan, may include employer contributions and employee salary deferral contributions. Let’s break down the 2026 contribution limits for these retirement plans.
Read MoreThe chances that your envelope is going to receive a postmark the same day you drop it off is unlikely, so plan accordingly, according to the USPS.
Read MoreLong-term care insurance is purchased by individuals who anticipate future expenses for long-term care, either home-based, or provided in a licensed nursing facility. As the U.S. population ages, the probability that such care may be needed is increasing, as is its cost.
Read MoreThe simplified employee pension, or SEP, is a retirement plan that—like the Energizer bunny of TV commercial fame—just “keeps going and going and going.” That’s because the retirement saving niche SEPs have occupied since their creation by the Revenue Act of 1978 remains a substantial one.
Read MoreFor over two decades now, plan participants have been allowed to make designated Roth account contributions to 401(k) plans and 403(b) plans. Governmental 457(b) plans and the federal Thrift Savings Plan (TSP) have allowed this option since 2011. Since that time, many participants have been able to build up their designated Roth account balances. As plan participants approach retirement age, they may be unsure about their next steps and turn to you for guidance.
Read MoreThe IRS has issued Notice 2025-67 on November 13, 2025, which contains the 2026 cost-of-living increases for qualified retirement plan dollar limitations on benefits and contributions under the Internal Revenue Code (IRC).
Read MoreAs retirement plan regulations continue to evolve, it is essential that employers and plan administrators maintain careful attention to key deadlines and new legislative mandates. Particular attention should be paid to the maintenance of plan documents, as these serve as the foundation for plan administration and compliance.
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