SECURE Act 2.0: What 401(k) Managers Need to Know for 2024
Required for 2024:
Luckily, the required changes for 2024 are minimal. Long-term, part-time employees become eligible to participate in the 401(k) plan. Catch-up contributions are required to be Roth if the participant earns more than $145,000 in W-2 compensation.