Regulation
SECURE 2.0 Cash Balance Reforms Codified by IRS
The changes should make it easier for defined benefit plans to pass IRS backloading tests.
Tag: Cash Balance Plan
Pensions
Bill Would Move New Texas State Employees to 401(k)-Like Plan
The proposed pension reform would affect workers hired after Sept. 1, 2022.
Taxpayer Costs Rise When States Move Out of DB Pensions
Research says changing benefits for new hires does not solve funding shortfalls.