Scott Kenkel
Subscribe to Scott Kenkel's PostsScott Kenkel focuses his practice on employee benefits and executive compensation matters. He has experience assisting clients with regulatory compliance matters related to tax-qualified retirement plans and executive compensation arrangements. He also regularly works with clients on benefits and compensation issues in connection with corporate transactions. Read Scott Kenkel's full bio.
Last-Minute Guidance Leaves Little Time for Long-Term, Part-Time Employee Changes
By Sarah L. Engle, Brian Tiemann, Haley Dow and Scott Kenkel on Dec 20, 2023
Posted In Employee Benefits, Retirement Plans
The Internal Revenue Service (IRS) recently issued new guidance clarifying key aspects of the broadened retirement plan eligibility rule for long-term, part-time employees under the SECURE 2.0 Act. However, with the new rule effective for 401(k) plans beginning January 1, 2024, the guidance leaves employers and plan sponsors very little time to make changes to...
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