Handling the SECURE Act's Mandate to Let Part-Timers into the 401(k) Plan
Jun 08, 2020
The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 seeks to expand retirement plan coverage for U.S. workers. This includes a new requirement for 401(k) plans to permit part-time employees who work at least 500 hours for three consecutive years (the tracking period starts after Dec. 31, 2020) to make elective deferrals. (Read More)
Article By: Michael A. Webb, CEBS, © Cammack Retirement