Navigating Long-Term Part-Time Employee Eligibility Rules for 401(k) Plans
By EsqSocial Corporation 14/04/25
The landscape of retirement plan eligibility is shifting, and plan sponsors need to prepare for key compliance changes affecting long-term part-time (“LTPT”) employees. These new rules, mandated by the SECURE Act of 2019 and expanded under the SECURE 2.0 Act of 2022, aim to improve retirement plan access for employees who work on a part-time basis for extended periods of time......
By: Foster Swift Collins & Smith