The IRS has issued final regulations implementing the Roth catch-up provision under the SECURE 2.0 Act of 2022. Key points include: Certain catch-up contributions by higher-income participants must be designated as Roth contributions. Regulations provide guidance for plan administrators on implementation, corrections, and deemed Roth elections. Governmental plans and plans under collective bargaining agreements [...] The post Final Catch-Up Contribution Regulations for Government Plans appear...| NAGDCA
NAGDCA Renews Request of Department of Treasury and IRS for Additional Implementation Time for SECURE 2.0 Section 603(b) (1) and (2) Concerning Designated Roth Contributions for Governmental Plans Letter references proposed regulation issued in January 2025 giving collectively bargained plans additional implementation time; further solicits due haste in publicizing notice of such consideration to [...] The post NAGDCA Requests Extension for Roth Catch-Up Implementation appeared first on NAGDCA.| NAGDCA
Dear NAGDCA Members, Summer is already half finished, and the NAGDCA staff is in full swing preparing for the conference in San Diego this fall. We have an amazing lineup of panels, keynotes, and case studies planned for you this year. We also put an emphasis on giving you more time to interact and [...] The post NAGDCA News | Q2 2025 appeared first on NAGDCA.| NAGDCA