Get Ready For The New Year Ahead -

Employees can contribute more pre-tax dollars next year to their retirement savings accounts, including 401(k) and 403(b) plans, according to an IRS announcement made on November 1. Your eligible workers will be able to defer up to $23,000 in 2024 – which is $500 more than the current 2023 limit. You can read more about the 2024 benefits limits for retirement and health savings plans on the next few pages — but before you flip the page, we want to remind you to consider taking these six steps as you prepare for the next plan year...