Optional FSA extensions are valuable for employees, but only if they understand how these features work to help them avoid forfeiting tax-free funds.

The Starter 401(k) gives those employers not already offering a retirement plan an alternative option, automating the process to make traditional 401(k) plans more accessible, especially to smaller companies.

There are many significant questions to evaluate and challenges to consider when engaging referral workers and independent contractors.

The American Retirement Association estimates that 19 million additional workers will gain access to a workplace retirement plan through SECURE 2.0's Starter 401(k) provision alone.