Get the latest updates for our retirement plan solutions.
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RecordkeeperDirect®
Take advantage of online enrollment
Are you and your employees still relying on paper forms to enroll or update contribution rates and beneficiaries? These activities can be streamlined through the participant website and app, potentially saving you time and reducing administrative issues. To enable online enrollment for your plan, submit the completed Online Enrollment Authorization form and Participant Data Supplement file.
Review the RecordkeeperDirect Online Enrollment Summary guide to learn more.
Electronic loan service now available for new plans
Beginning in November, we’ll offer an electronic loan service for new RecordkeeperDirect retirement plans (startup and conversion plans). This optional service can be selected when you initiate a plan via Plan manager or the traditional implementation paperwork.
This service will also be available to existing RecordkeeperDirect plans beginning in early- to mid-2025. We’ll notify these plan sponsors in early 2025 to provide more information, including how they can enable the electronic loan service for their plan.
Increased catch-up contribution limit
Effective January 1, 2025, a provision of the SECURE 2.0 Act of 2022 will increase the annual catch-up contribution limit for participants aged 60 to 63.
The increased limit will be the greater of $10,000 or 150% more than the regular catch-up limit in 2025 and indexed for inflation in following years. For plans that offer catch-up contributions, no action is needed for employees to take advantage of the increased limit. However, plan sponsors may need to work with their payroll providers to make sure they account for the new catch-up limit.
Check the status of our recordkeeping support for other key SECURE 2.0 provisions.
Roth catch-up contributions may require plan update
If your plan offers age 50 catch-up contributions, but you don’t offer Roth contributions, we encourage you to add the option now. (You may also remove catch-up contributions if you don’t want to offer Roth contributions.)
The SECURE 2.0 Act requires catch-up contributions for higher earners to be Roth after-tax contributions, even if regular contributions are pretax. Participants with compensation below $145,000 (to be adjusted for inflation) are exempt and can elect pretax or Roth catch-up contributions (if available).
Get the latest SECURE 2.0 Act provisions updates
The SECURE 2.0 Act marked a significant step toward enabling more small business owners and employees to pursue retirement stability. Get the latest updates on our recordkeeping support to help you take advantage of key SECURE 2.0 provisions.
Make onboarding easy with Plan manager
Plan manager makes it easy to get RecordkeeperDirect clients up and running with a streamlined digital experience. Let our online tool guide you through the onboarding process — and leave the paper forms behind.
Help boost plan participation with auto enrollment
Most new retirement plans established on or after December 29, 2022, are required to automatically enroll employees and automatically escalate their contributions.* We’ve made it easy to offer these plan features and help more employees get started on their journey to retirement.
To learn more about auto enrollment and the services that we offer, check out the RecordkeeperDirect automatic enrollment overview.
Plan sponsors can enable these services by submitting the Auto Enrollment Services Election form and the Participant Data Supplement file.
* Exemptions apply for small businesses with 10 or fewer employees, church and governmental plans, and companies that have been in existence for less than three years.
Simplify payroll with our expanded provider network
We make it easy to connect with a broad range of payroll providers to help plan sponsors simplify contributions and protect sensitive information. Check out the additional payroll providers now available through Payroll Integrations. Additionally, we now offer 360 payroll integration to further simplify the payroll process for plan sponsors.
Refer to our RecordkeeperDirect Payroll Provider Network Guide to learn more about our payroll integration service and direct vendor connections.
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PlanPremier®
Make it easier to manage your retirement plan
From online enrollment to automatic email notifications, check out these key plan features that can help plan sponsors save time and improve the participant experience.
Increased catch-up contribution limit
Effective January 1, 2025, a provision of the SECURE 2.0 Act of 2022 will increase the annual catch-up contribution limit for participants aged 60 to 63.
The increased limit will be the greater of $10,000 or 150% more than the regular catch-up limit in 2025 and indexed for inflation in following years. For plans that offer catch-up contributions, no action is needed for employees to take advantage of the increased limit. However, plan sponsors may need to work with their payroll providers to make sure they account for the new catch-up limit.
Check the status of our recordkeeping support for other key SECURE 2.0 provisions.
Roth catch-up contributions may require plan update
If your plan offers age 50 catch-up contributions, but you don’t offer Roth contributions, we encourage you to add the option now. (You may also remove catch-up contributions if you don’t want to offer Roth contributions.)
The SECURE 2.0 Act requires catch-up contributions for higher earners to be Roth after-tax contributions, even if regular contributions are pretax. Participants with compensation below $145,000 (to be adjusted for inflation) are exempt and can elect pretax or Roth catch-up contributions (if available).
SECURE 2.0 Act plan amendments
We’re committed to supporting key SECURE 2.0 Act provisions and making it easy for your plan to comply with the Internal Revenue Service (IRS) requirements.
For plans that use our document services, we’ll provide a SECURE 2.0 amendment prior to the IRS extended deadline to adopt the amendment. The amendment will be extensive and include all mandatory provisions, plus any optional provisions adopted by the plan. The fee for this amendment will be $1,250 per plan, billed after the amendment is provided in late 2025 to mid-2026.
Get the latest SECURE 2.0 Act provisions updates
The SECURE 2.0 Act marked a significant step toward enabling more small business owners and employees to pursue retirement stability. Get the latest updates on our recordkeeping support to help you take advantage of key SECURE 2.0 provisions.
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SIMPLE IRA Plus
Prepare for important year-end activities
As the plan year ends, plan sponsors are responsible for preparing and distributing disclosure documents and conducting enrollment for the upcoming plan year.
Learn what’s new for 2025 and get sample disclosure documents.
Help more clients take advantage of Roth employee deferrals
With the introduction of Roth employee deferrals for SIMPLE IRAs, plan sponsors can offer participants more ways to save for retirement.
To help you discuss this optional plan feature with your clients, consider using our Roth vs. pretax contributions brochure to highlight the potential benefits of each.
Increased catch-up contribution limit
Effective January 1, 2025, a provision of the SECURE 2.0 Act of 2022 will increase the annual catch-up contribution limit for participants aged 60 to 63.
The increased limit will be the greater of $5,000 or 150% more than the regular catch-up limit in 2025 and indexed for inflation in following years. For plans that offer catch-up contributions, no action is needed for employees to take advantage of the increased limit.
Check the status of our recordkeeping support for other key SECURE 2.0 provisions.
Get the latest SECURE 2.0 Act provisions updates
The SECURE 2.0 Act marked a significant step toward enabling more small business owners and employees to pursue retirement stability. Get the latest updates on our recordkeeping support to help you take advantage of key SECURE 2.0 provisions.
Online ACH distributions available soon for participants
Beginning in mid-November, SIMPLE IRA participants will have the option of receiving their distribution proceeds via ACH direct deposit to a checking or savings account. This feature — which requires no paperwork — will help participants request distributions with greater convenience and without the risk of having a check mailed to their address of record.
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Fiduciary services from Mesirow
For clients who want to hire an independent fiduciary service provider, we can now facilitate billing for Mesirow’s services and provide access to ongoing Mesirow fiduciary service reporting via our plan sponsor website.
Fiduciary service providers are unaffiliated with Capital Group and are solely responsible for the services they provide. We don’t receive compensation in connection with any fiduciary provider’s services, nor do we endorse or recommend specific fiduciary service providers.
Annual reallocation of plan-level expense accounts discontinued
The IRS recently provided guidance clarifying the timing of when plan forfeitures must be used in qualified retirement plans. Given the additional time provided by the new guidance, we’ll no longer automatically reallocate funds in plan-level expense accounts to participant accounts on an annual basis.
Plan sponsors can still issue payments from the plan-expense account for plan expenses by submitting the Fee payment authorization form. To reallocate funds to participant accounts, please send instruction to RKDirect@capitalgroup.com.
Help participants save more with interactive tools
Inspire participants to save more by setting a personalized retirement goal. Our website makes it easy for participants to track their progress each time they log in ― and potentially make changes to improve their projected retirement outcome.
How to make plan notices easy
Help save time and money by streamlining the process for plan notices.
We can mail any plan notice that plan sponsors create and upload for $2.00 per mailed notice.
Our website addresses have changed
We’ve updated our retirement plan website addresses as shown below. In doing so, we hope to make it easier to do business with us, and more clearly communicate who we are and the products and services we offer. Please be sure to update your bookmarks.
Website
New address
RecordkeeperDirect
Participant
capitalgroup.com/participant/rkd
Plan sponsor
capitalgroup.com/sponsor/rkd
Third-party administrator
capitalgroup.com/tpa/rkd
PlanPremier
Participant
capitalgroup.com/participant/planpremier
capitalgroup.com/participant/planpremier
Plan sponsor/PartnerLink — PlanPremier-Bundled
capitalgroup.com/sponsor/planpremier
capitalgroup.com/sponsor/planpremier
Plan sponsor/PartnerLink — PlanPremier TPA
capitalgroup.com/sponsor/planpremiertpa
capitalgroup.com/sponsor/planpremiertpa
SIMPLE IRA Plus
Participant
capitalgroup.com/participant/simpleiraplus
capitalgroup.com/participant/simpleiraplus
Plan sponsor
capitalgroup.com/sponsor/simpleiraplus
capitalgroup.com/sponsor/simpleiraplus
Fiduciary services from Mesirow
For clients who want to hire an independent fiduciary service provider, we can now facilitate billing for Mesirow’s services and provide access to ongoing Mesirow fiduciary service reporting via our plan sponsor website.
Fiduciary service providers are unaffiliated with Capital Group and are solely responsible for the services they provide. We don’t receive compensation in connection with any fiduciary provider’s services, nor do we endorse or recommend specific fiduciary service providers.
E-delivery changes for PlanPremier
We’re enhancing our electronic delivery services of required participant statements and other important plan notices. Currently, new participants who provide a work and/or personal email address receive an initial paper notification by mail that includes information about e-delivery, including how to opt for paper delivery.
Beginning in September, statements, confirmations and plan disclosure documents for new participants with a work email provided by the plan sponsor will be delivered to the work email while the participant is active in accordance with the “wired at work” method permitted by the Department of Labor (DOL).* As a result of this change, new participants will no longer need to receive an initial paper notification by mail which may enable documents to be delivered more quickly.
Note: This enhancement does not impact current participants nor participants who only provide a personal email address. Participants who have already opted for paper delivery will continue to receive documents by mail. Additionally, no changes will be applied to 403(b) plans or plans set up with paper delivery.
Optional automated notice delivery
If a plan uses our optional automated plan notice delivery service, please note that these services will include the same changes.
* To ensure delivery via the “wired at work” method satisfies DOL rules, the work email addresses provided should:
• Provide employees with the ability to access the email and links at any location where they are reasonably expected to perform their duties as an employee, and
• Be used as an integral part of their employee duties.
Help participants save more with interactive tools
Inspire participants to save more by setting a personalized retirement goal. Our website makes it easy for participants to track their progress each time they log in ― and potentially make changes to improve their projected retirement outcome.
How to make plan notices easy
Help save time and money by streamlining the process for plan notices.
We can automatically create a range of plan notices and deliver them via email, potentially reducing plan costs, or by mail for $2.50 per mailed notice. We can also mail any plan notice that plan sponsors create and upload for $2.00 per mailed notice.
Our website addresses have changed
We’ve updated our retirement plan website addresses as shown below. In doing so, we hope to make it easier to do business with us, and more clearly communicate who we are and the products and services we offer. Please be sure to update your bookmarks.
Website
New address
RecordkeeperDirect
Participant
capitalgroup.com/participant/rkd
Plan sponsor
capitalgroup.com/sponsor/rkd
Third-party administrator
capitalgroup.com/tpa/rkd
PlanPremier
Participant
capitalgroup.com/participant/planpremier
capitalgroup.com/participant/planpremier
Plan sponsor/PartnerLink — PlanPremier-Bundled
capitalgroup.com/sponsor/planpremier
capitalgroup.com/sponsor/planpremier
Plan sponsor/PartnerLink — PlanPremier TPA
capitalgroup.com/sponsor/planpremiertpa
capitalgroup.com/sponsor/planpremiertpa
SIMPLE IRA Plus
Participant
capitalgroup.com/participant/simpleiraplus
capitalgroup.com/participant/simpleiraplus
Plan sponsor
capitalgroup.com/sponsor/simpleiraplus
capitalgroup.com/sponsor/simpleiraplus
Introducing Roth employee deferrals
Plan sponsors implementing new SIMPLE IRA Plus plans can now choose to offer Roth after-tax employee deferrals. Existing plans will be notified this fall how they can amend their adoption agreement effective January 1, 2025, to take advantage of the Roth employee deferral option.
Capital Group is the first major provider to offer Roth employee deferrals for SIMPLE IRA Plus, enabling plan sponsors to offer participants a new way to save for retirement.
Help participants save more with interactive tools
Inspire participants to save more by setting a personalized retirement goal. Our website makes it easy for participants to track their progress each time they log in ― and potentially make changes to improve their projected retirement outcome.
New help center for participants
Our new help center is designed to enable participants to find answers to common questions and better manage their retirement accounts. Topics include how to update contribution rates, managing investment portfolios, requesting distributions and more.
Our website addresses have changed
We’ve updated our retirement plan website addresses as shown below. In doing so, we hope to make it easier to do business with us, and more clearly communicate who we are and the products and services we offer. Please be sure to update your bookmarks.
Website
New address
RecordkeeperDirect
Participant
capitalgroup.com/participant/rkd
Plan sponsor
capitalgroup.com/sponsor/rkd
Third-party administrator
capitalgroup.com/tpa/rkd
PlanPremier
Participant
capitalgroup.com/participant/planpremier
capitalgroup.com/participant/planpremier
Plan sponsor/PartnerLink — PlanPremier-Bundled
capitalgroup.com/sponsor/planpremier
capitalgroup.com/sponsor/planpremier
Plan sponsor/PartnerLink — PlanPremier TPA
capitalgroup.com/sponsor/planpremiertpa
capitalgroup.com/sponsor/planpremiertpa
SIMPLE IRA Plus
Participant
capitalgroup.com/participant/simpleiraplus
capitalgroup.com/participant/simpleiraplus
Plan sponsor
capitalgroup.com/sponsor/simpleiraplus
capitalgroup.com/sponsor/simpleiraplus
CONTACT US
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