Apr 5, 2013 | 401k Plans, 403b Plans, 457b Plans, automatic enrollment, QDIA (Qualifed Default Investment Alternative)
Automatic enrollment (AE) in company retirement plans can help workers increase their retirement savings, but it presents a challenge: How should the employer invest the dollars of employees who do not affirmatively choose an investment vehicle for their contributions...
Apr 2, 2013 | 401k Plans, Roth 401k
The Joint Committee on Taxation recently clarified provisions relating to the expanded in-plan Roth conversions. As discussed in our March 11 post, the American Taxpayer Relief Act of 2012 expanded in-plan Roth conversions to include all pre-tax accounts, whether or...
Mar 18, 2013 | 401k Plans
If you’re an owner or top earner at your company you might think that being an HCE is simply a matter of whether your salary exceeds a certain limit. In fact there’s more to it than that. Knowing the details can help owners and other HCEs avoid unwanted...
Mar 11, 2013 | 401k Plans, 403b Plans, 457b Plans, Roth 401k
As part of the American Taxpayer Relief Act (ATRA) signed by President Obama in early January, all 401k, 403b, and 457b retirement savings plans now have the option to allow participants to convert some or all of their pre-tax contributions (namely, pre-tax 401k...
Mar 7, 2013 | 401k Plans, IRA (Individual Retirement Accounts), Roth 401k
In our previous post we looked at the concept of the Roth 401k, which is simply the option to contribute dollars on an after-tax basis to a traditional 401k plan (assuming that the plan sponsor has amended the plan document to allow such contributions, as required by...
