As your retirement plan recordkeeper, we want to ensure you are prepared for an important regulatory change that took effect January 1, 2026, under the SECURE 2.0 Act.
What changed?
As of January 1, 2026, participants age 50 and older who earned more than $150,000 (indexed annually for inflation) in Social Security (FICA) wages (Form W-2 Box 3) in the prior calendar year must make catch-up contributions as after-tax Roth contributions.
Click below for important information about what we are doing to administer the new rule, including updating participant forms based on recently published IRS final regulations, as well as action items you need to take, including:
For more information about the new requirement,* contact your Retirement Plan Coordinator at (877) 872-5159. Thank you for your attention to this important matter and the opportunity to serve you.
*Footnote/Important information: We will also include applicable updates related to the new rules in your SECURE 2.0 Act amendment prior to the IRS extended deadline to adopt any SECURE 2.0 Act related provisions. The amendment will be extensive and include all mandatory provisions, plus any optional provisions adopted by the plan. The fee for this amendment will be $1,250 per plan, billed after the amendment is provided in 2026.