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IRS Issues Guidance On De Minimis Financial Incentive Benefits, Other Optional Features In SECURE 2.0 Act

Posted by SamanthaSkogerboe on Mar. 15, 2024  /  Federal Updates  /   0

Congress passed the SECURE 2.0 Act of 2022 to encourage workers to save for retirement. The Internal Revenue Service (IRS) recently issued additional guidance on various provisions of the SECURE 2.0 Act in the form of IRS Notice 2024-2 . Much of this guidance focuses on optional features that employers have been reluctant to utilize without further guidance from the IRS.

For additional clarity on this guidance, visit this article from Fisher Phillips.

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