401(k) Answer Book

With everything you need to know about 401(k) plans in one place, the hunt for specific answers to important questions begins - and ends - with this clear, comprehensive resource.
Whether you are answering questions for yourself, or questions from participants, plan sponsors, or service, this book gives you the information you need.
Updated to reflect the key provisions of SECURE 2.0, 401(k) Answer Book covers all aspects of plan design and administration, as well as the relationships of 401(k) plans with other types of retirement plans, providing in-depth coverage of plan design considerations, nondiscrimination testing, taxation, reporting and disclosure, merger and acquisition issues, investment-related topics, regulatory guidance, and more.
Written by an industry expert, this comprehensive one-volume desk reference is a must have for pension administrators, benefits managers, fund managers, trustees, accountants, attorneys, human resource professionals, consultants, advisors, and anyone who deals professionally with 401(k) plans.
401(k) Answer Book, 2024 Edition, is packed with valuable, practical information on all topics related to 401(k) plans, including:

- Current legislative and regulatory developments impacting 401(k) plans, including SECURE 2.0

- 401(k) plan design options, plan documents, and selecting service providers for the plan

- Fiduciary rules, prohibited transactions, investment alternatives, and ERISA 404(c) protection

- A sample fiduciary checklist

- A sample ERISA Section 404(c) checklist

- Nondiscrimination testing, coverage testing, top heavy requirements, and government reporting rules applicable to 401(k) plans

- A compliance calendar for 401(k) plans

- Contribution types, allocation methods, and applicable limits

- Information on distributions following termination of employment, in-service withdrawals, loans, and a rollover chart

- Required participant notices, disclosures, and communications, including ample notice templates for safe harbor 401(k) plan notices, automatic enrollment notices, and QDIA notices, with a chart of key participant disclosures and notices

- Correction of plan errors

- Plan terminations, acquisitions, plan mergers, and spinoffs

- And much more!