The New Roth Catch-Up Rule is a Big Change for Savers
The SECURE 2.0 Act, enacted in late 2022, introduced dozens of updates to modernize the retirement savings system. While many provisions focus on expanding access and flexibility, one change in particular has drawn significant attention: the upcoming Roth catch-up requirement. This provision alters how older, higher-earning workers can contribute to their employer-sponsored retirement plans, with […]
Get to Know the SECURE 2.0 Tax Credits for Small Businesses
If you, like many other business owners, have ever considered offering a 401(k) at your company but hesitated because of cost, it might be the time to reconsider. Thanks to the SECURE Act 2.0, the government is offering major tax credits that can reduce or even eliminate the costs of starting and running a retirement […]
Understanding the Automatic Contribution Arrangement (ACA)
Financial security in retirement is a goal many aspire to achieve, but saving for the future can often fall by the wayside in the midst of life’s immediate priorities. Enter the Automatic Contribution Arrangement (ACA) — a framework designed to simplify and encourage consistent retirement savings through employer-sponsored plans. What is ACA? The Automatic Contribution […]