Employer sponsored retirement plans help attract and retain quality employees
Thanks to the Revenue Act of 1978, the 401(k) program started seeing wide spread use in the early 1980’s. Since then, 401(k) plans have helped more than 50 million employees save for retirement while accumulating more than $15 Trillion in retirement savings. Still it’s estimated that close to half of the U.S. private workforce doesn’t […]
New Changes To Your 401K
The IRS recently announced changes to 401k retirement plans starting January 1 2013. Next year you can contribute $17,500 annually to your retirement plan. This contribution limit, which is $500 higher than this year’s level, is linked to an adjustment to account for inflation. The last increase to contribution limits was in 2011 and is rising […]
