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Three themes shaping the U.S. retirement landscape.
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2023 Defined Contribution Consultant Research Study

Our third annual study captures retirement views from the defined contribution consulting and advisory community.
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Tectonic shifts create new opportunities.
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2023 Defined Contribution Consultant Research Study

Our third annual study captures retirement views from the defined contribution consulting and advisory community.
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Qualified plan limits

In October 2023, the Internal Revenue Service released the 2024 dollar limits on certain benefits and contributions to retirement plans and IRAs.
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Digging into Disaster Distributions

Disaster relief included in the government funding bill.

The SECURE Act was not the only retirement legislation enacted with the government funding bill on December 20, 2019. The bill also included a new retirement-related provision authorizing additional disaster distributions from retirement plans.

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Key Points:

  • The government funding bill provides for disaster relief for federally declared disasters equivalent to that provided for California wildfires. There are very narrow time ranges when the disaster must begin and be declared.
  • Plans seeking to take advantage of these new provisions must amend by close of the plan year beginning on or after January 1, 2020 (or later as the IRS specifies). Governmental plans have an additional two years.

Contact your T. Rowe Price representative to find out how we can take your plan to the next level.

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