Minnesota Updates

Written by Anonymous | May 13, 2026 12:00:00 PM
Secure Choice Retirement Savings Plan
 
Eligible Minnesota employers with 100 or more employees must register for the Minnesota Secure Choice Retirement Program by June 30, 2026. Employers with 50-99 employees must register by the end of 2026, with additional registration phases for smaller employers in 2027 and 2028. Employers offering a retirement option must file an exemption to the program.
 
FrankCrum sponsors a Multiple Employer 401k Plan that has a Master Plan Document available for our clients to adopt onto. If you would like to review your plan options and discuss our 401K program, please send an email to 401K@frankcrum.com.