New Catch-Up Contribution Limits: What Employers and Plan Sponsors Need to Know
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January 2025 Many employers sponsor 401(k), 403(b) and 457(b) plans as a benefit that helps employees save up for retirement. However, the United States Treasury has recently announced plans to change regulations as they relate specifically to catch-up contributions. For businesses and other sponsors offering these types of plans, then, it is critical to stay on top of these changes in order to avoid compliance issues. View the full article here.
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