New 401k Law 2025

New 401k Law 2025. Current 401k Contribution Limits 2024 Employer Match Bell Marika 10, 2025 — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision generally requiring newly-established 401 (k) and 403 (b) plans to automatically enroll eligible employees beginning with the 2025 plan year. The passage of the SECURE Act 2.0 in 2022 introduced sweeping changes to help enhance taxpayers' retirement savings opportunities and improve the costs and managerial headaches employers face administering employee benefits plans, including 401 (k)s, 403 (b) and 457 (b) plans

It's always a good idea to check once a year to see if any new rules or changes are coming. Starting in 2025, businesses adopting new 401 (k) or 403 (b) plans will be required to automatically enroll new employees at a contribution rate of between 3% and 10% of compensation.

401k Matching Limits 2025 Faris Nolan

Congress recently passed the SECURE Act 2.0 as part of the Omnibus Spending Bill Here's how it may affect the way you save and spend in retirement. The law ushered in a new rule that provides extra catch-up contributions for employees aged 60 to 63

New 401K Rules You Need to Know in 2025 YouTube. Since that time, employers of all sizes have gained expanded tax credits for establishing employee retirement. The sweeping new rules impact nearly every taxpayer, including those inheriting a retirement account

Current 401k Contribution Limits 2024 Employer Match Bell Marika. 10, 2025 — The Department of the Treasury and the Internal Revenue Service today issued proposed regulations addressing certain SECURE 2.0 Act provisions, including a provision generally requiring newly-established 401 (k) and 403 (b) plans to automatically enroll eligible employees beginning with the 2025 plan year. This article explains how you can take full advantage of them.