As we previously 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
On December 29, 2022, President Joe Biden signed a mammoth piece of legislation called the Consolidated Appropriations Act, 2023, which funds the government for the
On May 23, 2019, the U.S. House of Representatives approved legislation that relaxes the rules for mandatory minimum distributions for retirement savers. Currently, an individual
As IRAs, 401(k) and other retirement plans become more popular, it is important for advisors to understand the rules regarding the distribution of plan assets
