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The state attorney general and AARP have joined in on the lawsuits to attempt to recover pension funds for the 1,100 workers who saw their retirement plans wiped out.

While the official IRS announcement will come later this year, the contribution limit for retirement accounts will likely increase from $23,500 to $24,500 in 2026, according to a new Milliman report.

Plan sponsors need to have flexibility to design and administer retirement plans to best serve their workforces, say the ERISA Industry Committee and the American Institute of CPAs.

Today’s employees, especially those who are early into careers, are looking for employers to help support them beyond saving for retirement and the basics.

Many companies have started funding wellness programs that enable staff members to keep fit, control their stress, and enhance financial security. Still, the execution of such initiatives calls for careful consideration of crucial legal aspects.

Both the final rule and the amendments to PTE 2002-51 will take effect on March 17.

The bipartisan effort would make pre-deductible coverage for insulin and statins federal law.

The Biden administration’s agenda, which sought to provide Medicaid-funded emergency services to undocumented immigrants, has cost federal and state taxpayers more than $16.2 billion, according to Congressional Budget Office estimates.