Nov 30, 2018 | Human Resources, Retirement Services
The IRS has announced new contribution limits to retirement plans. These plans include 401(k) plans, 403(b), most 457 plans, SIMPLE IRAs, IRAs, and the Federal Government Thrift Savings plan. Retirement Limit Increases The retirement limit for 401(k) plans, 403(b),...
Oct 12, 2018 | Benefits, Retirement Services
A retirement plan shows that you are invested in the futures of your employees and gives employees the opportunity to plan ahead and care for their financial futures. The 401(k) is a type of retirement account, aptly named after its section description in the IRS tax...
Sep 28, 2018 | Benefits, Retirement Services
A childhood lesson on the value of compounding, or a penny doubled every day for 30 days grows to HOW MUCH?? When I was young, I asked my older brother to do my chores. (To this day I hate washing the car, because that was my job every Saturday). Even at 10 years...
Aug 21, 2018 | Retirement Services
Looking to reduce your 2018 taxable income by making the maximum 401(k) contribution? Great idea, but time and again, owners and other highly compensated employees will max out their 401(k) deferrals, only to get a “corrective distribution”—in other words, a refund...
