Get the latest updates for your company’s retirement plan.
RecordkeeperDirect®
Add investment options from other fund managers
Existing RecordkeeperDirect plan sponsors can now add investment options from other fund managers for a low fee. It’s the same recordkeeping experience you know, with the benefit of expanded fund flexibility to help participants pursue their retirement savings goals. Complete the Change of funds or share class form to get started.
Prepare for important year-end deadlines
As the plan year ends, there are several deadlines and potential action items that plan sponsors should be aware of. These include year-end notices and disclosures, mandatory distributions, required minimum distribution reminders, and more.
Refer to the Plan disclosure checklist to help you meet these year-end retirement plan obligations.
Be prepared for the new SECURE 2.0 Roth catch-up rule
Starting January 1, 2026, catch-up contributions for participants who earned more than $150,000 (indexed annually) in Social Security FICA wages in the prior calendar year must be made as Roth contributions.
Plans that don’t allow Roth contributions should consider adding Roth elective deferrals as a contribution type. If a plan does not offer Roth contributions, higher-paid participants subject to the Roth catch-up requirement will not be able to make catch-up contributions. If you don’t want to offer Roth contributions, you may also remove the option to make catch-up contributions.
We encourage you to work with your payroll provider now to ensure catch-up contributions for higher-paid participants are directed appropriately. For plans that automatically switch catch-up contributions from pretax to Roth when a participant is subject to the Roth catch-up requirement, the sponsor/payroll provider is responsible for changing impacted participants’ deferrals from pretax to Roth. For plans that don’t have a Roth source, sponsor/payroll providers are responsible for stopping impacted participants’ deferrals when the applicable deferral limit is reached.
We can help you comply with this requirement by collecting a new high-earner indicator on our system that identifies participants who are subject to the Roth catch-up requirement. The indicator will drive reports with relevant data to assist with contribution processing and identifying any participants that may require corrections.
Watch for more details soon, including information on how to add the high-earner indicator to the recordkeeping system.
Introducing the Save-o-meter on ICanRetire®
The Save-o-meter is a new tool available on the ICanRetire homepage that’s designed to help participants maximize their company match. Now, participants can better see if they’re leaving free money on the table.
We’ve also refreshed the existing planning calculator to include an option for employer matching. If matching isn’t available, participants can enter 0%.
Both tools are available on the ICanRetire homepage.
Take advantage of time-saving plan features
Signing up for eligibility tracking, online enrollment, automatic enrollment and beneficiary tracking can simplify the process of offering a retirement plan.
If your plan is already taking advantage of these features, you’ll likely have more participants using these options as we are nearing the end of the year.
And if you haven’t signed up yet, keep a lookout for upcoming webinar invitations where you can learn more about these time-saving features. You may also contact us if you’re unable to attend a webinar.
For more information, call us at (800) 421-6019.
Get the latest SECURE 2.0 Act provisions updates
The SECURE 2.0 Act marked a significant step toward enabling more small business owners and employees to pursue retirement stability. Get the latest updates on our recordkeeping support to help you take advantage of key SECURE 2.0 provisions.
Simplify retirement plan notices
Plan sponsors have a responsibility to send certain plan notices to employees every year. But that doesn’t mean they need to spend a lot of time printing documents and stuffing envelopes. Our notice delivery services make it easy for plan sponsors to send notices and fulfill their fiduciary duties.
Plan sponsors may upload a notice and have us mail it for $2.00 per mailed notice. Learn more about notice delivery for RecordkeeperDirect.
Domestic abuse distributions now available
Domestic abuse distributions, a new distribution type created by SECURE 2.0 Act, is now supported in RecordkeeperDirect. Existing plans can add this new distribution type with the Plan maintenance request.
Help participants stay on track with their retirement goals
You can help plan participants create a customized retirement savings plan by encouraging them to log in to the participant website and leverage our new Retirement goals tool.
The Retirement goals tool will prompt participants to enter basic information about where they are today and the retirement they’d like to pursue. From there, the tool will show if they’re on track to reach their goals, signaling when adjustments may be needed.
New participant enrollment videos
Give employees an overview of the enrollment process and encourage them to start saving with these short how-to videos. The videos are available in both English and Spanish.
Watch: How to enroll in your workplace retirement plan
Our payroll integration service has been expanded
We make it easy to connect with a broad range of payroll providers to help plan sponsors simplify contributions and protect sensitive information. Check out the payroll providers available through our network connections and additional providers through Payroll Integrations. In addition to 180 standard integration, we offer 360 payroll integration to further simplify the payroll process for plan sponsors.
Learn more about our payroll integration service and direct vendor connections:
You can now verify lost participants online
To help protect plan participants, we now place a stop-mail indicator on their account if we receive returned mail.
When we place a stop-mail indicator on an account, we’ll notify the plan sponsor and/or third-party administrator by email. They can verify or update the participant’s address online.
New force-out distribution and automatic IRA rollover request form
A new form simplifies the process of requesting force-out cash distributions and/or automatic IRA rollovers for terminated participants in RecordkeeperDirect plans.
We recommend reviewing your plan document and consulting your third-party administrator prior to submitting this request to ensure the vesting information you provide is correct.
Get the latest SECURE 2.0 Act provisions updates
The SECURE 2.0 Act marked a significant step toward enabling more small business owners and employees to pursue retirement stability. Get the latest updates on our recordkeeping support to help you take advantage of key SECURE 2.0 provisions.
Take advantage of online enrollment
Are you and your employees still relying on paper forms to enroll or update contribution rates and beneficiaries? These activities can be streamlined through the participant website and app, potentially saving you time and reducing administrative issues. To enable online enrollment for your plan, submit the completed Online Enrollment Authorization form and Participant Data Supplement file.
Review the RecordkeeperDirect Online Enrollment Summary guide to learn more.
Take advantage of our expanded e-distribution offering
Our electronic withdrawal process makes it easy to request and approve withdrawals online. Additionally, we now support emergency expense distributions, as provided under the SECURE 2.0 Act.
To add this distribution type to your plan, you can submit the Plan Maintenance Request form. Once this option is enabled, participants can request this new distribution type via the participant website and app.
Help boost plan participation with auto enrollment
Most new retirement plans established on or after December 29, 2022, are required to automatically enroll employees and automatically escalate their contributions.* We’ve made it easy to offer these plan features and help more employees get started on their journey to retirement.
To learn more about auto enrollment and the services that we offer, check out the RecordkeeperDirect automatic enrollment overview.
Plan sponsors can enable these services by submitting the Auto Enrollment Services Election form and the Participant Data Supplement file.
* Exemptions apply for small businesses with 10 or fewer employees, church and governmental plans, and companies that have been in existence for less than three years.
Our website addresses have changed
We’ve updated our retirement plan website addresses as shown below. In doing so, we hope to make it easier to do business with us, and more clearly communicate who we are and the products and services we offer. Please be sure to update your bookmarks.
Website
New address
RecordkeeperDirect
Participant
capitalgroup.com/participant/rkd
Plan sponsor
capitalgroup.com/sponsor/rkd
Third-party administrator
capitalgroup.com/tpa/rkd
PlanPremier
Participant
capitalgroup.com/participant/planpremier
capitalgroup.com/participant/planpremier
Plan sponsor/PartnerLink — PlanPremier-Bundled
capitalgroup.com/sponsor/planpremier
capitalgroup.com/sponsor/planpremier
Plan sponsor/PartnerLink — PlanPremier TPA
capitalgroup.com/sponsor/planpremiertpa
capitalgroup.com/sponsor/planpremiertpa
SIMPLE IRA Plus
Participant
capitalgroup.com/participant/simpleiraplus
capitalgroup.com/participant/simpleiraplus
Plan sponsor
capitalgroup.com/sponsor/simpleiraplus
capitalgroup.com/sponsor/simpleiraplus