ERISA Cavalry PLLC

April 15, 2025, is the last day for making contributions to individual retirement accounts that can be treated as if made during 2024...

The table below shows the 2024 and 2025 limitations for SIMPLE IRA plans and SIMPLE 401(k) plans. Employers that maintain these...

Source: Notice 2024-80, 2024-47 I.R.B. 1120 Section Description of Limitation 2025 2024   AGI ceiling for 50% retirement savings credit:...

In Notice 2023-75 (Nov. 1, 2023), the IRS announced inflation-adjusted retirement plan limitations for 2024. Here are the changes (or...

Pension-Linked Emergency Savings Accounts (“PLESA’s”) are the first-ever tax-favored vehicle for short-term, non-retirement savings....

As the post below discusses, SECURE Act 2.0 modified the IRS’s Employee Plans Compliance Resolution System. EPCRS is currently available...

SECURE Act 2.0 mandates changes to the Employee Plans Compliance Resolution System (“EPCRS”), the IRS’s merciful alternative to...

Getting money back from retirement plan participants who have been inadvertently overpaid has never been an easy process. The windfall...

Deductions for employer contributions to defined contribution plans are ordinarily limited to 25 percent of the participants’ aggregate...

In line with the ideas of some contemporary retirement theorists, SECURE Act 2.0 includes several measures designed to encourage IRA...

"SECURE Act 2.0", passed by Congress just before Christmas Eve, takes up 340 pages in the official print and includes a hundred or so...

Like the various plan limitations described in the post below, the limitations that apply to IRA and Roth IRA contributions increased...

The high rate of inflation in 2022, reminiscent of the 1970's, generated striking increases in the limitations that affect retirement...