Archives: Events

The Program will automatically sweep any accounts where an RMD is required if paperwork has not yet been received. Participants have until December 31 to take their RMD.

401(k) Plans Intended to Comply with the Traditional or Automatic Enrollment Safe Harbor Requirements: If you sponsor a 401(k) plan intended to meet safe harbor requirements in 2024, you have from October 3 until December 2 to notify your eligible employees of the safe harbor contributions for 2024. If this applies to your plan, the Program … Continued

401(k) Plans Intended to Comply with the Traditional or Automatic Enrollment Safe Harbor Requirements: If you sponsor a 401(k) plan intended to meet safe harbor requirements in 2026, today (December 1, 2025) is the last day to make a retroactive safe harbor non-elective contribution for the 2025 plan year.

All Plans: If you have elected a Qualified Default Investment Alternative (QDIA) for your plan, it is required that all participants and beneficiaries on whose behalf an investment in a QDIA may be made in 2026, receive the annual notice by December 2. Please refer to the sample notice and information for more details.

Distribute the Summary Annual Report (SAR) to all participants and beneficiaries with a balance in the plan by December 15 if you filed Form 5558 to extend the due date of your Form 5500.

The Program will be closed in the afternoon in observance of the holiday.

The Program will be closed in observance of the holiday.

All plans: any 2024 excess contributions must be distributed to all affected participants to avoid a disqualifying event. (Corrective measures rules can be complex; see the instructions attached to the Corrective Measures for Contributions Form for more information.)

All plans: Make legally permitted, optional amendments to an existing plan for 2024 by today. These changes must be adopted by the last day of the plan year in which the change becomes effective. (If the change eliminates a right or reduces future benefits, it must be adopted in advance of the effective date and, … Continued

All plans: Remind participants who are age 73 or older that they may need to withdraw their required minimum distribution (RMD) by December 31 if they are subject to the regulations (i.e., they are no longer employed by your firm or they were 5% or more owners* in the year they attained age 72). The … Continued

Participants must take their RMD by December 31