Monday, August 31, 2026
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Federal Compliance Update
Key Takeaways
Impacted Employers: The Saver's Match program is primarily a federal incentive for eligible employees. However, employers may play an important role in educating workers about potential retirement savings opportunities alongside payroll deferrals.
Effective Dates: Regulations have not been proposed or finalized at this time.
Summary: The Treasury Department and IRS have issued Notice 2026-48 outlining anticipated rules for the SECURE 2.0 Saver's Match program and announced their intent to issue proposed regulations. Review the details here.
Next Steps:
Notice 2026-48 represents another important step in the continued implementation of SECURE 2.0. While the guidance answers certain initial questions regarding the Saver's Match, Treasury and the IRS have indicated that additional proposed regulations and operational guidance are forthcoming.
As implementation continues, employers should monitor future developments to better understand any compliance, reporting, or participant communication obligations associated with the program.
As always, ADP® will continue to keep you informed regarding future retirement plan and compliance developments.