Retirement Regulation

Although industry must comply immediately with these provisions, they lack guidance from regulators as to how, the SPARK Institute says.

With the SECURE Act, there's a very good chance the MEP will become the standard 401(k) solution for all but the largest businesses.

How can you get up to speed quickly on MEPs? Let's break it down into 3 primary components.

If not guidance on the 'new parent' provision, recordkeepers would welcome good faith relief regarding withholding and RMDs.

Some are concerned the new provider selection safe harbor will be abused.

SECURE Act's impact on workplace retirement plans will largely depend on guidance and regulations drafted by the DOL.