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...
Retirement savers will be able to sock away a little extra next year, as the IRS has announced that the amount individuals can contribute to their workplace retirement plans in 2024 has increased to $23,000, up from $22,500 for 2023. The IRS also issued technical...
Frank T. Ardito, CPA Vice President & Director of Employee Benefit Services Significant changes to workplace retirement plans were enacted in the waning days of 2022 as the SECURE Act of 2022 – also known as “SECURE 2.0” – was signed into law. The SECURE 2.0...
Greg Lewis works with retirement plan sponsors putting strategies in place to boost plan participation rates, educate employees about saving for retirement, and ensure best practices are followed to maintain healthy, compliant plans. As the owner of Pinnacle Pension...
