New year, new opportunities. Just as annual limit increases prompt plan checkups and fresh strategy conversations, SECURE 2.0’s mid-year SIMPLE IRA “off-ramp” gives advisors a timely way to help growing employers pivot into a more robust retirement plan without waiting for the next calendar year. Thanks to SECURE 2.0, employers can now replace a SIMPLE… [keep reading…]
Tag: 401(k) Contributions
Beyond the Numbers: Leveraging the Plan Contribution Limits
‘Tis the season… for updated retirement plan contribution limits, that is! Just a few weeks ago, the IRS released updated contribution limits for the upcoming year. The increased limits don’t just provide an opportunity for participants to boost their retirement savings; they also create space for plan sponsors to revisit and maximize their own strategies…. [keep reading…]
2025 Year End Tax Planning for Businesses
As 2025 draws to a close, business owners have more certainty regarding many tax provisions that were previously set to expire. The One Big Beautiful Bill Act (OBBBA), signed into law July 4, 2025, preserved many provisions from the Tax Cuts and Jobs Act (TCJA), made others permanent, and clarified the direction of federal tax… [keep reading…]