2018 Pension Plan and Retirement Plan Limits

2018 Pension Plan and Retirement Plan Limits

The IRS recently announced 2018 pension plan and retirement plan limits. For employees with 401(k), 403(b), and most 457 retirement plans, the contribution limit will increase from $18,000 to $18,500. This increase also affects the government’s Thrift Savings...
Succession Planning Advice for Businesses

Succession Planning Advice for Businesses

Succession planning is a process for identifying and developing internal candidates with the potential to fill key business leadership positions within the organization. It increases the availability of experienced and capable employees that are prepared to assume...
Effects of Same-Sex Marriage on Employee Benefits

Effects of Same-Sex Marriage on Employee Benefits

The Supreme Court has ruled that all states must allow and recognize same-sex marriages. In an opinion issued Friday, the majority of the Court found that marriage is a fundamental right and that it would be a violation of equal protection if the right to marry was...
401K Contribution Limits for 2015

401K Contribution Limits for 2015

According to the IRS, many pension plan limitations will change for 2015 because the increase in cost-of-living met the statutory thresholds that trigger their adjustment. The 401K contribution limits for 2015 that participants can elect to contribute on a tax...

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