Remove 2025 Remove Payroll Software Remove Salary Remove Taxes
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IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma

Business Management Daily

Beginning with catch-up contributions to be made next year, employees whose Social Security wages (W-2, Box 3 wages) exceed $145,000 this year can make catch-up contributions on a Roth, after-tax basis only. And then there’s the teeny, tiny glitch of Congress dropping the section of the tax code allowing any catch-up contributions.

401(k) 97
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Top 5 reasons to check your payslip

cipHR

As head of payroll bureau services at CIPHR’s sister company PBS , a payroll software and service provider, Jon and his team process payroll and BACS salary payments for 94,000 employees, across 500 organisations every month. Usually, it’s down to the tax code that HMRC sent through to payroll.

Pension 98
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AI is today’s hottest topic – but are you maximising value from your existing HR management system?

cipHR

For example, in 2020, researchers from Willis Towers Watson analysed 27 HR roles and found that 24 would be impacted by technology by 2025. HR is awash with repetitive, rules-based tasks that are tedious, slow, and manual.