The IRS has proposed new regulations mandating automatic enrollment in most new 401(k) and 403(b) plans starting in 2025. Understanding these requirements is essential for compliance and effective plan management. Read our latest blog to learn about key provisions, exemptions, and how to prepare your plan.

Read our latest blog on the Department of Labor’s new self-correction procedures under the Voluntary Fiduciary Correction Program (VFCP), effective March 2025. This important update allows plan sponsors to independently correct common errors related to late participant contributions and inadvertent loan failures, simplifying compliance and reducing administrative burdens. Stay informed on how these changes can benefit your retirement plan administration.

The DOL has announced inflation-adjusted increases to civil penalties for retirement plan compliance failures, effective for penalties assessed after January 15, 2025. These updated penalties impact late filings, failure to provide required documents, and other key plan obligations. Our latest blog outlines the new penalty amounts and what plan sponsors need to know to stay compliant and avoid costly fines in the year ahead.

Our latest blog examines the DOL's new "non-enforcement policy" allowing transfers of accounts under $1,000 to state unclaimed property funds without penalties. Learn the specific requirements your plan must meet, what makes a state fund eligible, and how to implement a compliant missing participant program aligned with DOL best practices. 

The IRS has released proposed regulations that update the SECURE Act 2.0 catch-up contribution rules for 401(k) plans. These changes include higher contribution limits for participants aged 60 to 63 and new Roth contribution requirements for higher earners. Read the blog for key provisions, compliance considerations, and what plan sponsors need to know to prepare for these important updates.

The Trump administration has launched a sweeping effort to review and scale back federal regulations, including those impacting retirement plans. Through a series of recent executive actions, the administration has frozen new regulations, introduced an ambitious “10-to-1 Deregulation Initiative,” and directed federal agencies to reassess existing rules for necessity, statutory authority, and constitutional alignment. Read the blog to learn what these changes could mean for the regulatory landscape and how they may affect plan sponsors and fiduciaries going forward.

A bipartisan bill has been introduced that could modernize 403(b) plans by allowing the use of Collective Investment Trusts (CITs). Our latest blog explains how this legislation aims to expand investment choices, clarify fiduciary duties, and simplify administration while enhancing protections for plan participants. Learn what these proposed changes could mean for your retirement plan strategy.

Discover how small, specific data within your organization—like employee feedback and usage metrics—can unlock actionable insights to refine retirement plans, boost engagement, and improve outcomes. Learning how to leverage these hidden opportunities can make a big impact on your participants' financial wellness.