The IRS Grants a Reprieve!
August 28, 2023
As we previously told you, section 603 of the SECURE 2.0 Act added section 414(v)(7) to the Internal Revenue Code. Section 414(v)(7) requires that catch-up
As we previously told you, section 603 of the SECURE 2.0 Act added section 414(v)(7) to the Internal Revenue Code. Section 414(v)(7) requires that catch-up
Empowering employees to secure their financial future is not only an act of goodwill, it is also crucial to fostering loyalty and commitment within a
RMC Group will be an exhibitor at the 2023 NAPA 401(k) Summit on April 2-4 at the San Diego Convention Center. We will be showcasing
As we recently reported, on December 29, 2022, President Biden signed the Consolidated Appropriations Act, 2023, which funds the government for the fiscal year that
What are Catch-Up Contributions? Catch-up contributions are salary deferrals (also referred to as “elective deferrals”) that employees aged 50 or older can make in addition
As the stock market continues to slide, so does the average 401(k) account. Some 401(k) accounts have lost as much as 25% in value since
401(k) plans are the most popular retirement plan in the U.S. today. They enable employees and business owners to save money toward their retirement on
Small business owners often don’t have a retirement plan – for their employees or, more importantly, for themselves. Often, they are too busy running their
Now is the time to act if they want to defer for 2022! Business owners are always on the lookout for ways to save money.
On June 22, 2022, the Senate Finance Committee reported out the Enhancing American Retirement Now (EARN) Act by a vote of 28 – 0. The
