Mandatory ROTH Catch-Up Rule- Issue #1

Significant legislative changes impacting most 401(k), 403(b), and Governmental 457(b) plans will take effect on January 1, 2026, and will require employer action to ensure compliance.MVP is launching a series of communications to help you navigate these changes, offering clear guidance and actionable steps. This first installment provides an overview of the new rules.While no immediate action is required, preparation is key. Future updates will outline specific steps for employers, so we ...

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Important Plan Update Regarding SECURE 2.0 Super Catch-Up Contribution Limits

As we have been communicating over the past two years since the adoption of SECURE 2.0 in December 2022, many provisions of the legislation have a delayed effective date.  One such provision affecting most 401(k) plans beginning in 2025 is Section 109 which provides for Super Catch-Up contribution limits for employees aged 60-63 only. Currently, 401(k), 403(b) and Governmental 457(b) employee deferrals are limited to an annual dollar threshold which the IRS announced recently will be ...

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