DOL Issues SECURE 2.0 Annual Funding Notice Guidance, Including Updated Model Notices
By EsqSocial Corporation 08/04/25
On April 3, 2025, the Department of Labor (“DOL”) issued Field Assistance Bulletin 2025-02 (the “Bulletin”), which provides guidance related to certain modifications made by the SECURE 2.0 Act of 2022 (“SECURE 2.0”) to the annual funding notice (“AFN”) requirements applicable to defined benefit plans under Section 101(f) of ERISA. The appendices to the Bulletin also provide updated model notices for single-employer and multiemployer defined benefit pension plans....
By: Groom Law Group, Chartered