By: Esther Peterson ASA, EA, MAAA The dream of a gold watch and a big retirement party is fading fast for many Americans. Our current methods of saving for retirement may no longer be enough. The Retirement Savings Disparity In early 2026, the...
Each year the IRS sets limits on the amount an individual can contribute (known as income they defer) through elective contributions to their retirement accounts. The limit applies to any 401(k), 403(b), SAR-SEPs, and SIMPLE-IRA plans, with the...
If you administer Defined Contribution (DC) Plans, like a 401(k), you’re likely familiar with the rigorous compliance tests associated. One of the key jobs of compliance testing is to ensure your plan is not unfairly favoring highly compensated...