Get the latest updates for your company’s retirement plan.
RecordkeeperDirect®
Make retirement plan loans easier for plan sponsors and participants
Paper loan forms and many manual administrative tasks can soon be a thing of the past. Our electronic plan loan service offers online loan requests and approvals, real-time notifications, automatic loan policy creation and more. Use the loan services election form to take advantage of the electronic loan service at no additional cost.
Domestic abuse distributions available beginning in June
Domestic abuse distributions, a new distribution type created by SECURE 2.0 Act, will be supported by RecordkeeperDirect beginning in June 2025. Existing plans can add this new distribution type with the Plan maintenance request.
New reporting enhancements coming soon
The Reports & Analysis section on the plan sponsor website will be updated in June 2025, providing a more robust reporting experience. If you have any saved templates, they won’t carry over. Please take time now to document any templates you have.
Help participants stay on track with their retirement goals
You can help plan participants create a customized retirement savings plan by encouraging them to log in to the participant website and leverage our new Retirement goals tool.
The Retirement goals tool will prompt participants to enter basic information about where they are today and the retirement they’d like to pursue. From there, the tool will show if they’re on track to reach their goals, signaling when adjustments may be needed.
Catch-up contributions for high earners
Beginning in 2026, catch-up contributions made by employees with FICA (Federal Insurance Contributions Act) compensation greater than $145,000 (to be adjusted for inflation) in the prior year will be required to be made as Roth contributions, even if regular contributions are pre-tax.
Plans that don’t already allow Roth contributions will need to add Roth elective deferrals as a contribution type (or remove catch-up contributions if you don’t want to offer Roth contributions).
Watch for additional communication from us about this change and be sure to work with your third-party administrator (TPA) and payroll provider to be prepared.
New participant enrollment videos
Give employees an overview of the enrollment process and encourage them to start saving with these short how-to videos. The videos are available in both English and Spanish.
Watch: How to enroll in your workplace retirement plan
Our payroll integration service has been expanded
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 payroll providers available through our network connections and additional providers through Payroll Integrations. In addition to 180 standard integration, we offer 360 payroll integration to further simplify the payroll process for plan sponsors.
Learn more about our payroll integration service and direct vendor connections:
401(k) contribution limits for 2025
The annual employee contribution limit for 401(k) plans increased by $500 to $23,500. Participants aged 50-59 and 64+ can also make a catch-up contribution of $7,500. And participants aged 60 to 63 in 2025 can make a higher catch-up contribution of $11,250.
You can now verify lost participants online
To help protect plan participants, we now place a stop-mail indicator on their account if we receive returned mail.
When we place a stop-mail indicator on an account, we’ll notify the plan sponsor and/or third-party administrator by email. They can verify or update the participant’s address online.
New force-out distribution and automatic IRA rollover request form
A new form simplifies the process of requesting force-out cash distributions and/or automatic IRA rollovers for terminated participants in RecordkeeperDirect plans.
We recommend reviewing your plan document and consulting your third-party administrator prior to submitting this request to ensure the vesting information you provide is correct.
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.
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.
Take advantage of our expanded e-distribution offering
Our electronic withdrawal process makes it easy to request and approve withdrawals online. Additionally, we now support emergency expense distributions, as provided under the SECURE 2.0 Act.
To add this distribution type to your plan, you can submit the Plan Maintenance Request form. Once this option is enabled, participants can request this new distribution type via the participant website and app.
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.
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.
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.
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