New Rules Make Tracking Long-Term, Part-Time Employee Service a Full-Time Job

Under the SECURE Act and the SECURE 2.0 Act, employers must provide so-called long-term, part-time employees – i.e., those who complete at least 500 hours of service in three consecutive years (reduced to two years in 2025) and are at least 21 years old – the opportunity to make elective deferrals under their 401(k) plans and, […] The post New Rules Make Tracking Long-Term, Part-Time Employee Service a Full-Time Job appeared first on EMPLOYEE BENEFITS BLOG....