In 2024, a provision in the SECURE 2.0 legislation permits an employer that is not sponsoring a retirement plan to offer a starter 401(k) or safe harbor 403(b) plan to its employees that is exempt from certain nondiscrimination requirements.
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"articles": [
{
"uri": "/2024/04/19/starter-401k-plans-under-secure-2-0-helping-small-employers-fast-track-a-retirement-plan/",
"title": "Starter 401(k) plans under SECURE 2.0: Helping small employers fast-track a retirement plan",
"byline": "Lisa A. Tavares and Carol V. Calhoun",
"kicker": "Best Practices",
"prettyDate": "April 19, 2024",
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"summary": "In 2024, a provision in the SECURE 2.0 legislation permits an employer that is not sponsoring a retirement plan to offer a starter 401(k) or safe harbor 403(b) plan to its employees that is exempt from certain nondiscrimination requirements.",
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