401(k), Executive Compensation, Payroll and Retirement Plan

IRS Announces Delay of Implementation of SECURE 2.0 Act’s Roth Catch-up Contribution Provision for Two Years

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)

401(k) Retirement Plan Executive Compensation Taxes

Federal tax reform: 5 HR must-dos for every business

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

Taxes 401(k) Payroll Professional Employer Organization

Comp and Benefits Today

IRS Announces Delay of Implementation of SECURE 2.0 Act’s Roth Catch-up Contribution Provision for Two Years

Federal tax reform: 5 HR must-dos for every business

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