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Topic Archives:
ERIC Alert: IRS Announces Two Year Administrative Transition Period for SECURE 2.0’s Roth Catch-Up Requirements
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ERIC Retirement & Compensation Policy Alert: Victory in Cisco Systems 401(k) Case, Financial Wellness Huddle Reminder, GAO Study
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ERIC Retirement & Compensation Policy Alerts: DOL SECURE 2.0 Request; 4010 Reporting Waiver; and More!
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ERIC Retirement & Compensation Policy Alerts: PBGC Projections Report Released; Plan Governance Survey Results; And More!
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The ERISA Industry Committee Urges Congress to Reexamine Premiums Paid by Defined Benefit Pension Plan Sponsors
WASHINGTON, August 2, 2023 – The ERISA Industry Committee (ERIC) said today that the projected $63.3 billion surplus in ten years outlined in the Pension Benefit Guaranty Corporation’s (PBGC) just-released Fiscal Year 2022 Annual Projections Report should cause Congress to reexamine the premiums paid by companies that sponsor defined benefit pension plans.
ERIC Retirement & Compensation Policy Alerts: Responses Needed for Survey on Benefit Plan Governance, PBGC Guidance on Special Financial Assistance
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ERIC Retirement & Compensation Policy Alerts: Labor Department OMB Submissions; Paid Leave Update; and More!
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ERIC & Coalition Partners Seek Relief From New SECURE 2.0 ACT Roth Contribution Requirements
WASHINGTON, July 19, 2023 – The ERISA Industry Committee (ERIC) and coalition partners today issued a letter to the U.S. Department of Treasury and the Internal Revenue Service requesting transition relief relating to a SECURE 2.0 Act provision requiring that individuals with FICA wages of more than $145,000 in the prior year make any retirement plan catch-up contributions on an after-tax (“Roth”) basis starting after December 31, 2023.
ERIC Retirement & Compensation Policy Alerts: Survey On Benefit Plan Governance; Roth Catch-Up Letter Sign On; And More!
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