2026 IRS Retirement Plan Contribution Limits
The IRS announced the 2026 cost of living adjustments affecting dollar limitations for retirement plans and IRAs. Here are the new rates for 2026 in a summary table. A higher catch-up contribution limit applies for employees aged 60, 61, 62 and 63 who participate in these plans. For 2026, this higher catch-up contribution limit remains […]
IRS Fact Sheet: SECURE 2.0 May Impact How Businesses Complete Forms W-2
The IRS is reminding businesses that, starting in tax year 2023, changes under the SECURE 2.0 Act may affect the amounts they need to report on their Forms W-2. On Aug. 29, 2024, the agency released a fact sheet that details the provisions potentially affecting Forms W-2 (including Forms W-2AS, W-2GU and W-2VI). Background The Consolidated Appropriations Act of […]
The War on Investors’ Minds | Past Wars and Long-Term Market Performance
Since the dawn of time, war and conflict have been with us throughout history, bringing with them their own horrors and uncertainty. Stock markets do not like uncertainty, and when war and conflict strike, stock markets will exhibit bouts of short-term volatility. Wars and conflict can and have led to sharp pullbacks in the markets. […]
SECURE Act Passes – How Does this Affect Your Retirement Plan?
One of the most significant pieces of retirement legislation in recent history, the SECURE Act, draws from a wide-array of bipartisan bills and seeks to make it easier for businesses to offer retirement plans, and for individuals to save for retirement. The legislation was incorporated into Division O of the Further Consolidated Appropriations Act, 2020, […]
