Business Management Daily
JANUARY 5, 2023
401(k) plans established after Dec. 29, 2022, must auto-enroll participants once they’re eligible, beginning with the 2025 plan year. For plan years beginning in 2025, SECURE 2.0 Accounts must be set up as Roth after-tax accounts. Roth 401(k) provisions. Fixing mistakes. Student loans.
HR Professionals Magazine
SEPTEMBER 2, 2021
You may be surprised, or not, to hear that some plans don’t even offer the Roth option. The key between a Traditional or Roth 401(k) boils down to when the participant will pay taxes. A good rule of thumb is the younger you are, the more beneficial a Roth 401(k) can be.
Vantage Circle
NOVEMBER 23, 2023
Honeywell offers a flexible 401(k) plan, allowing employees to contribute up to 30% of their eligible pay in pre-tax, Roth 401(k), or after-tax contributions. They are actively working towards achieving gender parity in global leadership by 2025.
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