News Articles
ARS Innovations. Browse our series of news articles.
2023
Annual Limits 2024
November 1, 2023
SECURE 2.0 Act and Discretionary Match Notice
January 3, 2023
The IRS just announced cost of living adjustments affecting dollar limitations for retirement plans for the 2024 tax year. Most of the limits, except the catch-up contribution limits, increased but not as substantially as they did for 2023. Find a quick summary of the changes that affect retirement plan sponsors.x
On December 23, 2022, the U.S. congress passed the SECURE 2.0 act of 2022, and it was signed into law by President Biden on December 29th. The act includes a variety of optional and mandatory changes for qualified retirement plans.
2020
DOL Electronic Delivery - Final Regulations
August 4, 2020
The CARES Act
April 1, 2020
On May 27, 2020 the Department of Labor (DOL) released final safe harbor regulations in regard to using electronic delivery as a default process for distributing materials to plan participants and beneficiaries.
On March 27, 2020, the CARES Act (the Coronavirus Aid, Relief, and Economic Security Act) was enacted to provide financial relief and assistance to those impacted by the pandemic.
The Secure Act of 2019
February 4, 2020
On December 2019, Congress passed the SECURE Act of 2019 (Setting Every Community up for Retirement Enhancement Act). There are many changes, and multiple effective dates within this Act.