Comment Letter

Comment Letter
Share
Print

ICI Comment Letter to IRS on New Roth Catch-Up Requirement Under SECURE 2.0 Act

On October 24, 2023, ICI submitted the attached comment letter to IRS and Treasury in response to IRS Notice 2023-62. Notice 2023-62, issued August 25, 2023, effectively provides for a 2-year delay (until taxable years beginning after December 31, 2025) of the applicability of section 603 of the SECURE 2.0 Act (Act), which requires that catch-up contributions made by certain higher‑earning participants in 401(k) and similar retirement plans must be made on a Roth basis.

Read more in the comment letter.

Related Content

More
Comment Letter

ICI and IDC Comment Letter on the PCAOB Metrics Docket

On June 7, 2024, the Investment Company Institute and Independent Directors Council filed a joint...
More
More
Comment Letter

ICI Submits Response to Joint Agencies' RFI on Effectiveness of Reporting and Disclosure Requirement...

On May 22, 2024, ICI submitted a letter to the Department of Labor, the Treasury Department, and the...
More
More
ICI Viewpoints

The DOL’s Hurried Fiduciary Rule Poses Lasting Harm to Investors

April 12, 2024—When it comes to their investments, Americans enjoy more information, choice, and...
More