Remove 2019 Remove Deductions Remove Employment Remove roth 401(k)
article thumbnail

Congress passes SECURE 2.0 Act, making important changes to 401(k)s

Business Management Daily

Act of 2022 —90+ provisions focused on 401(k) and other retirement plans. which was enacted in 2019. Congress has chosen to pay for it by mandating that plans offering certain 401(k) features, like catch-up contributions, be made on an after-tax, Roth basis. Tucked not-so-deep into the CAA is the SECURE 2.0

401(k) 52
article thumbnail

How Employee Perks Can Help Companies in the US

Vantage Circle

Employee perks are the enticing extras employers offer their staff, going beyond the regular paycheck to make the workplace more inviting and fulfilling. Employee Discount Programs Employee discount programs are a vital and highly valued perk in the USA, offering many benefits to employees and employers. By the end of 2019, 42.1%