Long-term, Part-time employee provision for 401(k) plan sponsors webinar.

December 2023

Fidelity leaders discuss the SECURE 1.0 Act long-term, part-time employee provision for 401(k) plans. Topics include:

Overview of the provision including how to determine an employee’s eligibility, plan sponsor decisions, and impact on excluded employees.
Fidelity solutions, operational readiness, and next steps for plan sponsors for submitting eligibility data to Fidelity.
An update on regulatory guidance that may affect the LTPT employee requirements.

For plan sponsor and investment professional use only.

Views expressed are as of the date indicated, based on the information available at that time, and may change based on market or other conditions. Unless otherwise noted, the opinions provided are those of the speaker or author and not necessarily those of Fidelity Investments or its affiliates. Fidelity does not assume any duty to update any of the information.

Investing involves risk including the risk of loss.

Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.

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