On November 4, 2021, the Internal Revenue Service (IRS) released the 2022 dollar limitations that apply to tax-qualified retirement plans. With few exceptions, the 2022 limitations published in Notice 2021-61 have been...more
11/8/2021
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Contribution Limits ,
Defined Contribution Plans ,
Employee Benefits ,
Employer Contributions ,
ESOP ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
IRS ,
Retirement Plan ,
Tax Planning
On October 26, 2020, the Internal Revenue Service (IRS) updated various dollar limitations that apply to tax-qualified retirement plans for 2021. The new amounts, published in Notice 2020-79, are annually adjusted for cost of...more
10/30/2020
/ 401k ,
403(b) Plans ,
Compensation & Benefits ,
Contribution Limits ,
Cost-of-Living Adjustment (COLA) ,
Defined Contribution Plans ,
Employee Benefits ,
Internal Revenue Code (IRC) ,
IRS ,
Popular ,
Retirement Plan ,
Small Employer Plans (SEPs)
Given that a variety of qualified retirement deadlines are approaching, we thought a refresher on the subject would be helpful, especially for plans that utilize a calendar plan year. This article is intended to alert plan...more
3/13/2019
/ Benefit Plan Sponsors ,
Defined Benefit Plans ,
Defined Contribution Plans ,
distr ,
Employee Benefits ,
Internal Revenue Code (IRC) ,
IRS ,
Pensions ,
Qualified Benefit Plans ,
Qualified Retirement Plans ,
Retirement Plan
On October 21, 2015, the Internal Revenue Service (IRS) announced the cost-of-living adjustments impacting tax-qualified pension plans for 2016. The increase in the cost-of-living index did not meet the statutory thresholds...more