2026 Retirement Plan Contribution Limits, Phase-Out Ranges, and Income Limits
The IRS has released 2026 inflation-adjusted contribution limits, phase-out ranges, and income limits for various retirement accounts. (IRS Notice 2025-67) Contribution Limits 401(k), 403(b), and most 457 plans — For 2026, an individual can contribute $24,500 to a 401(k), 403(b), … Read more…
Is a SEP-IRA Right for Your Business?
If you’re like many small business owners, running your own business is an all-consuming endeavor. In the face of everyday demands, choosing a retirement strategy for your business can become a casualty. The idea of establishing a plan could evoke … Read more…
Find That Lost Retirement Account
Do you have a long-lost retirement account left with a former employer? Maybe it’s been so long that you can’t even remember. With over 24 million “forgotten” 401(k) accounts holding roughly $1.35 trillion in assets, even the most organized professional … Read more…
Should You Borrow from Your 401(k)?
The average household with revolving credit card debt had a balance of $7,876 as of March 2023. For the average household carrying credit card debt, this will equate to an annual interest of $1,380. With the average credit card annual … Read more…
Catch-Up Contributions
A recent survey found that 28% of workers are very confident about having enough money to live comfortably through their retirement years. At the same time, 27% are not confident.1 In 2001 congress passed a law that can help older … Read more…
Retirement Plans and your Dental Practice – Weighing the Options
A retirement plan for your practice is essential to the long-term retirement goals for you and your employees. Those practices that have a plan in place and contribute on a consistent basis give the best opportunity for retirement success. A … Read more…
Guidance for Business Owners Selecting a Retirement Plan
If you’re a business owner, establishing a retirement plan can provide a number of benefits — to you, your business, and your employees. Not only does a retirement plan provide you and your employees with an accessible and cost efficient … Read more…
QACA – The Other Safe Harbor Plan
With the retirement plan changes initiated by the recently passed SECURE Act 2.0, a plan design type that has been little used in the past is now getting a lot more attention. The Qualified Automatic Contribution Arrangement plan, or QACA, … Read more…
IRS issues guidance on new retirement catch-up contribution rules
In December 2022, President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act. Among other things, the sweeping new law made some significant changes to so-called catch-up contributions, with implications for both employers and employees. With the new … Read more…
Congress eyes further retirement savings enhancements
In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related to retirement savings since 2006 — became law. Now Congress appears ready to build on that law to further increase … Read more…
