As part of our commitment to deliver industry insights to assist you, we are delighted to provide the latest installment of our plan sponsor newsletter which been posted to our website and can be accessed using this link “MVP Plan Sponsor Newsletter Q1 2024”. This edition highlights a new Roth Rollover Bill that was introduced in the House of Representatives and would allow for direct rollovers from a ROTH IRA to a ROTH account in a qualified plan. Also included in this addition are some best practices for correcting inadvertent errors with Long-Term Part-Time Employee eligibility as well as a a look at the IRS proposed guidance regarding Long-Term Part-Time Employee rules.
We welcome you to our newest edition. Please feel free to contact us for additional information on any or all of these topics.