Allocation to Balanced Funds Continues to Grow

Mid-Year Safe Harbor 401(k) Plan Changes and Taxes

Relief regarding mid-year amendments to safe harbor 401(k) plans arrived earlier this year with IRS notice 2016-16. The notice provided a short list of prohibited mid-year changes leaving all other mid-year changes available. This IRS guidance helps plan sponsors...

The Ins and Outs of In-Plan Roth Conversions

A 401(k) in-plan Roth conversion also called an in-plan Roth rollover (IRR) allows the participant to transfer the non-Roth portion of their 401(k) into a designated Roth account within the same plan. The upside of contributing to a Roth 401(k) from a participant...