Art of the Qualified Plan Audit

The IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes. Below is a chart that outlines employee benefit plan limits for 2024: Plan Limits RETIREMENT & SOCIAL SECURITY 2024 Limit 2023 Limit 2022 Limit Section 401(k), 403(b), 457(b) Elective Deferrals $23,000 $22,500 $20,500 401(k) or 403(b) Catch-Up Contributions $7,500 $7,500 $6,500 … Continued

Posted By: Saaib T. Uppal, CPA, QKA IRS Announces Increases on Benefits and Contributions Dollar Limitations for 2023 The IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes. Below is a chart that outlines employee benefit plan limits for 2023: Plan Limits RETIREMENT & SOCIAL SECURITY 2023 Limit 2022 Limit 2021 Limit … Continued

Posted By: Saaib T. Uppal, CPA, QKA IRS Announces Increases on Benefits and Contributions Dollar Limitations for 2022 The IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes.   Below is a chart that outlines employee benefit plan limits for 2022   Plan Limits   RETIREMENT & SOCIAL SECURITY 2022 Limit … Continued

When I was a Teaching Assistant in College, group projects would inevitably result in complaints that some students were not pulling their weight.

Posted by Saaib T. Uppal, CPA, QKA The IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes. Below is a chart that outlines employee benefit plan limits for 2021: PLAN LIMITS RETIREMENT & SOCIAL SECURITY 2021 Limit 2020 Limit 2019 Limit Section 401(k), 403(b), 457(b) elective deferrals  $19,500  $19,500  $19,000 401(k) … Continued

Posted by Saaib T. Uppal, CPA, QKA The IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes. Below is a chart that outlines employee benefit plan limits for 2020: PLAN LIMITS RETIREMENT & SOCIAL SECURITY 2020 Limit 2019 Limit 2018 Limit Section 401(k), 403(b), 457(b) elective deferrals  $19,500  $19,000  $18,500 401(k) … Continued

The IRS has announced  cost-of-living adjustments that should be noted for retirement planning purposes.

Below is a chart that outlines employee benefit plan limits for 2019:

As required by IRC Section 415, the IRS has announced cost-of-living adjustments that should be noted for retirement planning purposes.

Some of my most memorable childhood stories were those of Amelia Bedelia by Peggy Parish.

Along with the presidential election on Tuesday, November 8, another election that participants should have on their mind is the deferral for their retirement plan.