Benefits Notes

AUGUST 29, 2023

Act of 2022 (“SECURE 2.0”) required that effective as of January 1, 2024 , participants in 401(k) plans, 403(b) plans, or governmental 457(b) plans, who were age 50 or older and whose Social Security wages for the previous year exceed $145,000 (indexed), only be permitted to make catch-up contributions under such plans on a Roth (after-tax) basis.

401(k) 52

401(k) Retirement Plan Executive Compensation Taxes 52

Insperity

OCTOBER 2, 2018

Topics being discussed include re-evaluating major areas such as corporate tax structure, executive compensation, employee bonuses and depreciation of assets. Tax reform did a number on payroll. Make no mistake: It’s essential for you and your payroll managers to be informed enough to communicate changes accurately.

Taxes 70

Taxes 401(k) Payroll Professional Employer Organization 70

Business Management Daily

NOVEMBER 12, 2019

Which means now is the perfect time to think about the impending payroll year-end season. Payroll ’s annual year-end trek crosses many corporate boundaries. According to our tally, you’ll probably be crossing paths with Accounts Payable, Benefits, HR and the executive compensation committee. 1: Organize for success.

roth 401(k) 8

roth 401(k) 401(k) Payroll Executive Compensation 8

Hppy

JUNE 2, 2021

Ensure your Compensation System is Compliant . When designing a compensation plan, it’s necessary to keep legal enforcement in mind. Do you know what the local and national payroll laws and regulations are? When you build your compensation package, your HR compensation department will advise you on any legal considerations.

Compensation System 36

Compensation System 401(k) Executive Compensation PTO 36