In yet another reminder of just how many rule changes emanated from SECURE 2.0, the Internal Revenue Service (“IRS”) released proposed guidance on January 10, 2025 regarding certain changes to the “catch-up” rules enacted under SECURE 2.0 (“IRS Guidance”).  As a refresher, section 414(v) of the Internal Revenue Code of 1986, as amended (“Code”), grants…

It seems like every few days we see and hear news about natural disasters impacting different areas of the United States.  Whether it’s a hurricane, flood, tornado, wildfire, mud slide or severe storm, almost everyone knows someone who has been impacted by these types of events.  While it is not possible to prevent these catastrophes…

Hopefully, everyone is now an expert on how to apply the “long term part-time employee” (“LTPT(s)”) provisions of the Setting Every Community Up for Retirement Enhancement (“SECURE”) Act which became effective at the beginning of this year. Unfortunately, it is now time to “adjust” that knowledge in anticipation of certain impending changes to the LTPT…