
2024 IRS Contribution Maximums
The 2024 IRS contribution maximums for retirement plans have been announced.

The 2024 IRS contribution maximums for retirement plans have been announced.

Business owners can save 30 hours a year by integrating their payroll system with their retirement plans. By connecting payroll and retirement plan data, employers can enhance their operations overall efficiency and effectiveness

Long-term part-time (LTPT) employment eligibility is a topic that has become increasingly relevant in recent years. Secure Act 2.0 passed a provision that builds on the SECURE Act requirement allowing increased eligibility for long-term part-time workers to participate in employer-sponsored plans.

Many businesses undergo restructuring such as mergers, acquisitions, or bankruptcy at some point. During this process, it is important to review the retirement plans associated with the business to ensure new and existing owners/employees are taken care of.

Automatic enrollment can offer a range of benefits for both employees and employers. By increasing participation rates, improving retirement savings, and simplifying the decision-making process, automatic enrollment can help workers prepare for their future and achieve their long-term financial goals.

A Safe Harbor Plan is a retirement savings plan designed to allow small business owners and all eligible employees the ability to maximize their contributions to a 401(k) plan. This type of plan is particularly useful for small businesses that may have trouble passing the annual nondiscrimination testing required by the IRS for regular 401(k) plans.

The Cannabis Industry is constantly evolving with over 417,493 full-time jobs supported by legal Cannabis in the U.S! In a growing job market, attracting and retaining employees can be difficult. Retirement plans are one of the most sought-after benefits employees look for when finding a new job.

Starting a new retirement plan is less expensive than you think. By taking advantage of tax credits and deductions, you can offer employees a retirement plan while enjoying significant cost savings.

Many business owners are unaware that once they establish a ROBS plan, they assume certain legal responsibilities related to compliance regulations. Learn about common mistakes that ROBS entrepreneurs make with tips on how to correct any current errors and avoid potential future issues.

Leading Retirement Solutions is pleased to announce that we are partnering with WorkTrend HCM to provide more payroll integration services to our clients.