The U.S. House of Representatives passed the Setting Every Community Up for Retirement Enhancement Act of 2019 with massive bipartisan support. If passed into law, the SECURE Act would expand the opportunities for Americans to save for retirement in tax-qualified accounts. Plan fiduciaries should be aware of some of the bill’s key provisions.Read more
1 “2018 Defined Contribution Recordkeeper Survey,” PLANSPONSOR, 2018.
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December 3, 2019
More than 6 in 10 union members are behind in saving for retirement, and it may be because they don’t have all the tools they need. That’s where a 401(k) plan can help.
November 1, 2019
On September 23, the IRS published final regulations on hardship distributions in the Federal Register. The following is our summary of the changes that apply to 401(k) plans, as well as John Hancock’s perspective on how to proceed with both the mandatory and optional provisions.