Secure Act 2.0 Section 603-How are you planning for this?

Hi Everyone,

I'd like to know how other customers are planning on managing this if the enhancement doesn't come out in time to start 1/1/26.

Background-employees manage their 401 and 457 through the carrier website. We get an inbound file with any changes and process those to PS.

Our 'Plan B' is to query everyone who made $145,000 in fica wages for 2025 once the final payroll of the CY is run. Those employees will be tracked throughout the year and once they hit the annual max contribution limit for their 401 and/or 457 , the Benefits team will end their enrollment and leave it up to the employee to enroll in an after-tax 457/401 plan so that they can contribute to the catchup. It will be up to the employee to go back to the vendor portal to enroll in the 401/457 plan on a pre-tax