Money Talk

MARCH 10, 2022

Where They Are Used- Target-date funds are a frequent “menu” option for workers to select in tax-deferred employer retirement savings plans. For example, federal government workers have “L Funds” in the Thrift Savings Plan. 2030, 2035, 2040, etc.). Asset allocation changes are made automatically for them.

Retirement Plan 187

Retirement Plan Commissions Taxes Finance 187

Business Management Daily

APRIL 1, 2022

T he following employers would be excluded from the bill’s auto-enrollment provisions: Employers with current 401(k) plans. New employers in business for fewer than three years. Employers with 10 or fewer employees. Church plans. Government plans. Tax credits for start-up costs. SECURE 1.0’s

401(k) 59

401(k) Deductions Deductible Taxes 59

Higginbotham

APRIL 11, 2022

On April 5, 2022, the IRS released a proposed rule that would change the existing rules for eligibility for the premium tax credit (PTC). Individuals who have access to affordable, minimum value employer-sponsored coverage are not eligible for the PTC. Employer Takeaway. 1, 2030, and to age 75 on Jan. Key SECURE 2.0

401(k) 52

401(k) Taxes Retirement Plan Pension 52

Benefits Notes

MARCH 31, 2021

On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (the “ARPA”) into law. Many of the provisions in this sweeping legislation bring changes to the employee benefits world of which employers should take note and which are summarized below. Tax Credit. Subsidized COBRA.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40