SPECIAL RETIREMENT PLAN ISSUES (2 OF 3)
01.Core Concepts
Roth Employer Contributions • Prior to 2023 all employer contributions were required to be pre-tax contributions • Deductible by employer • Excludable by employee • After December 29, 2022 (SECURE 2.0 ACT) • Employee may elect employer contributions be made as Roth contributions • Taxable to employee • Receive 1099-R each year for contributions • Subject to same withdrawal rules as Roth employee contributions