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A district court in New York recently dismissed a putative class action challenging retirementplan recordkeeping and investment management fees. 21-cv-8458, 2023 WL 186679 (S.D.N.Y. First , the court held that plaintiffs lacked standing with respect to the profit-sharingplan because they were not participants in that plan.
Retirementplanning services. Profit-sharingPlans. If you want your people to tackle the company's goals like their own, you need to drive the fact that the more profits the company makes, the more profitable it will be for them. Hence, enter the profit-sharingplan.
A thoughtfully crafted retirementplan can positively impact employee morale. Increase the productivity of employees nearing retirement. A handsomely distributed retirementplan increases job satisfaction. Let's quantify the significance of retirement rewards.
IRS 2024 RetirementPlan Limits No matter how happy your employees are with your company, the majority likely dream of one day retiring. You and others in your HR department can help them prepare for retirement by sharing changed retirementplan limits for the coming year.
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