If your job offers 401(k) retirement plans, pay close attention to company communications. Starting earlier this year, many companies are now required to auto-enroll employees into 401(k) retirement plans – even if you’ve previously opted out. This change is due to...
Right before the holidays, the 2025 IRS limits were announced and thresholds for retirement plans – reflecting cost-of-living adjustments. If you have a 401(k), there are some limits that are relevant to your retirement plans. In a separate announcement, the 2025 IRS...
The year is ending, and if you haven’t sent annual notices to plan participants, now is the time, plan sponsors! In fact, it might be too late this year (the deadline is Dec. 1, 2024) so if you are unsure – or if you missed the deadline – here is what you need to know...
The SECURE 2.0 Act continues to bring changes to America regarding retirement savings and planning and 2025 will usher in more updates. While many things have already been implemented due to SECURE 2.0, 2025 will bring even more changes – and there will be more in the...
If you work for an employer that sponsors a 401(k) or a governmental agency that offers 457(b) plans, you might already know about catchup contributions. For a while, employers sponsoring these plans can give participants who are 50 or older by the end of the calendar...
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