IRS catch-up guidance a relief to 401(k) sponsors, advisors
Plans now have until 2026 to add Roth accounts that will allow high earners to make catch-up contributions.
The retirement plan world is breathing a sigh of relief after the IRS Friday announced a two-year delay on requiring high-income workers who make 401(k) catch-up contributions to do so in Roth accounts.
For months, plan sponsors had worried about a provision of the SECURE 2.0 Act slated to go int
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