401(k)

Notice 2024-02 Extends Deadline For SECURE 2.0 Amendments And Provides Other Guidance

By Scott E. Galbreath, J.D., LL.M (Tax) on January 23, 2024

On December 20, 2023 the IRS gave plan sponsors an early Christmas gift of 81 pages of guidance on a myriad of employee benefit plan law changes in the legislation known as SECURE 2.0 (Act) when it issued IRS Notice 2024-02 (Notice). This is the first of a series of blog articles that will discuss…

Welcome to The Benefit of Benefits blog, your resource for information and commentary on new legislative, regulatory, and industry developments in employee benefits and executive compensation. Beyond reporting the news and repeating the guidance text, we will clarify the reasoning behind the change and what it means from a practical perspective to employers, employees, and the industry. We will also provide commentary to help illuminate the benefit of the benefits discussed…because compensation is more than just wages.

Author, Scott E. Galbreath, J.D., LL.M. (Tax) leads the Equity and Executive Compensation practice group at Trucker Huss and has more than 30 years of experience representing employers in ERISA, employee benefits, and executive compensation matters.

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The Benefit of Benefits

401(k)

Notice 2024-02 Extends Deadline For SECURE 2.0 Amendments And Provides Other Guidance

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