The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
The Small Nonprofit Retirement Security Act, introduced by Representative Vern Buchanan on Monday, would give nonprofits the same tax credits made available to small for-profit businesses through SECURE 2.0.
These retirement plans meet the legal requirements and the cost for a pre-approved plan is less than for an individually designed plan, according to the IRS.
These legal pros, who represent clients in the employee benefits field, sent a letter to Congress, in the aftermath of the just-passed tax bill which included little for the retirement sector, to increase retirement "plan formation, plan participation, and retirement savings.”
After a year-long legislation effort to strengthen retirement benefits for independent workers, Senator Bill Cassidy has unveiled the Independent Retirement Fairness Act this week.
The SPARK Institute submitted several recommendations regarding Saver’s Match and proper use of forfeited plan funds to be part of the upcoming 2025-2026 Priority Guidance Plan, in a letter sent to the Treasury and the IRS.