The IRS has announced increased annual limits for retirement and other benefit plans for 2024. While the increases for 2024 are smaller than we’ve seen in prior years, they still may have a significant impact on plans and...more
11/10/2023
/ Affordable Care Act ,
Defined Contribution Plans ,
Employee Benefits ,
ESOP ,
FSA ,
HSA ,
IRS ,
Qualified Benefit Plans ,
Qualified Health Plans ,
Retirement ,
Retirement Plan
After a long three years of the COVID-19 pandemic, the Biden administration has announced its intent to end the presidential COVID-19 national emergency on May 11, 2023. Employers should prepare their benefit plans for a...more
The IRS responded to rising inflation with its recent announcement regarding the limitations applicable to retirement and other benefit plans for 2023. Many limits will have significant increases compared to previous years,...more