Each year, the IRS updates a wide range of retirement plan limits that affect employer-sponsored retirement plans and IRAs, including contribution caps, compensation thresholds, catch-up limits, and other relevant limits. These cost-of-living increases ensure the rules keep pace with inflation and help plan sponsors and participants stay on track. On November 13, 2025, the IRS…
Contribution limits were announced by the IRS on October 9, 2026. These 2026 cost-of-living adjustments (COLAs) affect contribution limits for various tax-advantaged accounts in Rev. Proc. 2025-32, including Flexible Spending Accounts (FSAs). 2026 Benefit Limits at a Glance: Download the latest benefit contribution limits. Ver en Español What are Cost-of-Living Adjustments? Cost-of-living adjustments help preserve the…
The IRS has finalized key regulations under the SECURE 2.0 Act that will reshape how 401(k) catch-up contributions work, especially for high earners. These changes go into effect on January 1, 2026, and plan sponsors need to start preparing now. At Navia, we’re here to help you stay ahead of compliance and keep your retirement plans…
Regulatory Update: A Major Shift in Direction The Department of Labor (DOL) issued Compliance Assistance Release No. 2025-01 on May 28, 2025, formally rescinding its 2022 guidance that urged plan fiduciaries to exercise “extreme care” when including cryptocurrency, or “crypto,” in 401(k)/403(b) investment lineups. This shifts the landscape back to a neutral posture, while affirming…
Beginning January 1, 2026, certain higher-paid employees must make all catch-up contributions to their 401(k), 403(b), or 457(b) plan as Roth contributions (after-tax). Who This Affects Why This Matters for Payroll From the Recordkeeper’s Perspective Nothing changes in how Navia processes your contributions – we simply apply pre-tax or Roth amounts to the correct source…
The One Big Beautiful Bill (OBBB), introduced as H.R. 1 in the 119th Congress and advanced through the budget reconciliation process pursuant to House Concurrent Resolution 14, was originally crafted as a sweeping legislative package encompassing tax, health, and social policy reforms. However, following review by the Senate Parliamentarian under the Byrd Rule, several proposed Health Savings Account (HSA)…
Starting January 1, 2026, Highly Paid Individuals Must Make Their Catch-Up Contributions as Roth. The SECURE 2.0 Act impacts catch-up contributions for 401(k), 403(b), and 457(b) plans. Participants who earned more than $145,000 in FICA wages in the year must make any catch-up contributions in the following year as Roth contributions. For example, an employee…
The landscape of retirement plan administration is shifting, with growing emphasis on advisor-driven service models, fiduciary responsibility, and participant outcomes. In a recent nationwide survey conducted by Alliance Benefit Group (ABG), the nation’s largest consortium of independent 401(k) recordkeepers, over 1,000 financial advisors revealed the key factors they prioritize when recommending recordkeeping providers for small…
What’s in the Pipeline? Maybe you’ve heard about the One Big Beautiful Bill that includes some tax reforms? On May 22, 2025, the U.S. House of Representatives passed “The One Big, Beautiful Bill,” a comprehensive tax reform package. While the federal tax bill has yet to pass, its provisions, if enacted, could significantly impact the…
Table of Contents Loan Collections Will Resume The U.S. Department of Education announced that its Office of Federal Student Aid (FSA) will resume collections on its defaulted federal student loan portfolio starting Monday, May 5th. The Department has not attempted collecting on defaulted loans since March 2020. The initiative will be paired with a comprehensive…