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WASHINGTON, D.C. — The Internal Revenue Service (IRS) has announced an increase in the contribution limits for various retirement savings plans for the year 2025, marking a continued effort to enhance …
IRS Announces Increased Contribution Limits for Retirement Plans in 2025 Read More
WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service (IRS) recently released new guidance concerning long-term, part-time employees participating in 403(b) retirement plans. These plans, akin …
New IRS Guidance on 403(b) Plans Sets Stage for Future Retirement Plan Regulations Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released interim guidance under Notice 2024-63, offering clarity for retirement plan sponsors on matching contributions tied to student loan payments. This new …
IRS Issues Interim Guidance on Student Loan-Based Retirement Contributions Read More
During your working years, you know where your income is coming from because you’re working. But once you retire, you’ll have to identify your income sources, know how much you …
Retirees Must Identify and Manage Income Sources Read More
WASHINGTON, D.C. — The Internal Revenue Service (IRS) has introduced new guidelines under Notice 2024-55, providing crucial exceptions to the additional tax on early retirement plan distributions. These rules, effective …
IRS Issues New Rules for Early Retirement Plan Withdrawals in Emergencies and Domestic Abuse Cases Read More
If you own a business and you offer a 401(k) or similar retirement plan to your employees, you’ll want to stay current on the various changes affecting these types of …
New Choices for Business Owners Read More
Once you’re retired, you will likely need to draw on several types of income for your living expenses. You’ll need to know where these funds are coming from and how …
How Is Your Retirement Income Taxed? Read More
March 8 is International Women’s Day, a day for celebrating all the accomplishments of women around the globe. But many women still need to make up ground in one key …
How Can Women Bridge the Retirement Gap? Read More WASHINGTON, D.C. — The Internal Revenue Service (IRS) has released preliminary guidance to assist employers in implementing the newly introduced Pension-Linked Emergency Savings Accounts (PLESAs). These accounts, authorized under the …
IRS Provides Initial Guidance on Pension-Linked Emergency Savings Accounts: A New Avenue for Employee Savings Read More
If you want to make a big purchase, such as a new car or a piece of property, or you were faced with a large, unexpected expense, such as a …
Avoid Tapping into Your Retirement Savings Early Read More