Best Money Moves

DECEMBER 9, 2024

As 2024 comes to a close, HR professionals are rethinking benefits strategy going into next year. In SHRMs 2024 Employee Benefit Survey, menopause benefits, gender-affirming care and lifestyle savings accounts are becoming benefits trends for the first time. All of these factors mean that employee needs are changing.

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Empuls

JUNE 21, 2024

mostly provided traditional 401(k), while 68% also offered Roth 401(k) plans.  This is applicable up to a maximum salary of $275,000 in 2024.    - In fact, it also revealed that 82% of working professionals selected retirement and savings as an important benefit. 

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Business Management Daily

JANUARY 5, 2023

also introduces a new safe harbor 401(k) plan design—a starter 401(k) plan, effective for plan years beginning in 2024. Accounts must be set up as Roth after-tax accounts. These provisions are effective for plan years beginning in 2024. Roth 401(k) provisions. It’s a good deal.

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