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The IRS announced today it will increase 401(k) contribution limits to $23,500 (from $23,000 in 2024), the same increase as last year, while limits for employees over 50 remains unchanged.
On Thursday, just days after Donald Trump was elected President, Federal Reserve Chair Jerome Powell announced interest rate cuts by a quarter of a percentage point – to a range of 4.5% to 4.75%.
With many plans expanding more investment options and educating participants now more important than ever, many plan sponsors are outsourcing advisory and fiduciary responsibilities, says new Morgan Stanley survey.
Guide
Sponsored by RxBenefits
6 Essential Questions Benefits Advisors Should Ask When Tailoring Pharmacy Benefits
This discussion guide is designed to help benefits advisors quickly understand current and potential clients’ requirements to build the perfect, tailored pharmacy benefits solution.
Guide
Sponsored by Gallagher
Mistakes happen in retirement plan administration, but they can cost you time, money, and trust. This guide will help identify and resolve 401(k) errors quickly to save significant costs and maintain compliance.
Guide
Sponsored by ArmadaCare
Benefit Changes Are Hard. Complementing Is Easy!
Help clients meet new employee benefit needs even if they don’t want to make primary health insurance plan changes.
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