Planning Ahead for 2024: Should Your 401(k) Help Employees with Emergencies?

The SECURE 2.0 Act, which was enacted last year, contains wide-ranging changes to retirement plans. One provision in the law is that eligible employers will soon be able to provide more help to staff members facing emergencies. This will be done through what the law calls “pension-linked emergency savings accounts.” Effective for plan years beginning … Continue reading “Planning Ahead for 2024: Should Your 401(k) Help Employees with Emergencies?”