Tag: retirement plan contributions
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IRS issues guidance on new retirement catch-up contributions
The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.
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Inflation means you and your employees can save more for retirement in 2023
The tax-advantaged retirement plan contribution amounts will be much higher next year than they’ve been in recent years. The reason? Inflation. Find out how much can be saved in 401(k)s, SEP plans, IRAs and more.