Tag: retirement savings

House Passes Bipartisan Retirement Savings Bill

On March 29, the U.S. House of Representatives passed H.R. 2954, the Securing a Strong Retirement Act of 2021, by an overwhelmingly bipartisan vote of 414-5. The bill includes many provisions to boost individual retirement savings and expand coverage to better access retirement savings programs. The bill includes several provisions that would impact employer-sponsored retirement... View Article

IRS Increases Maximum Contributions to Retirement Funds

It’s that time of year again — open enrollment is just around the corner. As employees are reviewing benefit options for 2018, one thing to consider is the IRS’s increased limits to defined contribution plans. In Notice 2017-64, released on October 19, the IRS provided adjusted limitations on benefits and contributions under qualified retirement plans... View Article