Updating the Calculation Card for Secure Act 2.0
Summary:
For the Secure Act 2.0 I know we have to update the Calculation Card and add the Reporting information card and mark it as No. We have the upload and it works but my question is do you load the information with an end date? For example, we were loading with an effective date of 01/01/2026 but did not put an end date of 12/31/2026.
I then got to thinking how would that work for next year then for employees that no longer meet the wage requirements. If we load all of them with an end date of 12/31/2026, can I then create a new Reporting Information effective 01/01/2027?
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