Retirement legislation insights: What to watch for in 2025

What might impact the future of retirement policy?

Retirement policy

Let’s dispel some common myths in the article: Myths vs. Facts: The state of Social Security.

Legislative environment

Industry efforts are underway to tie up some loose ends within the most recent retirement legislations
Deem terminal illness as a new distribution trigger
Clarification on existing plans and retaining grandfather status when joining a MEP/PEP*
Clarification on if student loan repayment match includes catch-up limits

*Multiple employer plan (MEP), pooled employer plan (PEP)

Future reforms could simplify and expand retirement plan options such as:
- Incentives for small employers
- Roth IRA to 401(k) rollovers
- Cash balance plans

Regulatory environment

Fiduciary, ESG, and worker classification regulations could be priorities.

Anticipated regulatory shifts on the DOL fiduciary ruling may occur.
Likely to propose a new version of the ESG ruling limiting fiduciaries’ ability to prioritize environmental, social, and governance (ESG) factors.
Worker classification rule could be retooled.

What plan sponsor and financial professionals can do

Want to learn more?

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Connect with Director of Policy at ��Financial Group