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

Government plans. This provision would become effective for plan years beginning after Dec. Editor’s note: Newly covered employers would be entering a thicket of ERISA and tax rules the likes of which they never could have anticipated. Tax credits for start-up costs. would modify the tax-credit provisions of SECURE 1.0 (50%

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). If this rule is finalized, the change would likely mean that more individuals will be newly eligible for a premium tax credit for coverage purchased through the Exchange. Employer Takeaway.

401(k) 52

401(k) Taxes Retirement Plan Pension 52

Benefits Notes

MARCH 31, 2021

The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. The subsidy is tax-free to the individual receiving the subsidy. Tax Credit. Below is a summary of the ARPA’s COBRA subsidy provisions.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40