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
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
On March 29, 2022, the House of Representatives, by a vote of 414 – 5, passed the Securing a Strong Retirement Act of 2022 (H.R.
