By Charles R. Kennedy, CPA, MBA, Vice President & Director of Tax Services Emerging from the One Big Beautiful Bill Act (OBBBA) are several tax-planning opportunities for individuals considering converting a traditional IRA to a Roth IRA. For those with...
By Kevin J. Bonnett, CPA, Vice President & Director Under the provisions of the SECURE 2.0 Act beginning on January 1, 2026, the catch-up contribution rules for certain plan participants in 401(k), 403(b) and 457(b) government plans are changing. This change...
By Kevin J. Bonnett, CPA Vice President Director of Employee Benefit Services The Internal Revenue Service has announced the 2026 annual contribution limits, catch-up contribution limits and cost-of-living adjustments (COLAs) for employer-sponsored 401(k) plans, IRA...
BY Derek McDonough, EA, MST Tax Manager Thinking about setting up a retirement plan for yourself and/or your employees? You may be naturally concerned about the financial commitment and administrative burdens involved. However, there are a couple of options you could...
Kevin J. Bonnett, CPA Vice President & Director If you haven’t already changed your workplace retirement plan salary deferral for 2025, now is the time to do it. Several changes have been made to retirement plan contribution limits for this year, reflecting...
Kevin J. Bonnett, CPA Vice President & Director of Employee Benefit Services The “SECURE 2.0” Act enacted in 2022 continues to introduce significant changes each year to the rules around retirement plan savings, and 2025 is no different. SECURE 2.0 (so-called...
