CorpStrat

JULY 20, 2022

Are your retirement plan programs in full compliance with ERISA and fiduciary responsibilities including filings of all required tax reporting? Do you know who the fiduciary on your plan is? appeared first on CorpStrat: HR | Payroll | Employee Benefits. If you don’t know, its likely you — the business owner.

Employee Benefits 98

Employee Benefits Benefits Package Executive Compensation PTO 98

Insperity

OCTOBER 2, 2018

Topics being discussed include re-evaluating major areas such as corporate tax structure, executive compensation, employee bonuses and depreciation of assets. Tax reform did a number on payroll. Make no mistake: It’s essential for you and your payroll managers to be informed enough to communicate changes accurately.

Taxes 72

Taxes 401(k) Payroll Professional Employer Organization 72

Benefits Notes

AUGUST 29, 2023

Act of 2022 (“SECURE 2.0”) required that effective as of January 1, 2024 , participants in 401(k) plans, 403(b) plans, or governmental 457(b) plans, who were age 50 or older and whose Social Security wages for the previous year exceed $145,000 (indexed), only be permitted to make catch-up contributions under such plans on a Roth (after-tax) basis.

401(k) 52

401(k) Retirement Plan Executive Compensation Taxes 52

Benefits Notes

MARCH 31, 2021

While employers (for self-insured plans and multi-employer plans) or insurance carriers (for fully insured plans) are responsible for the COBRA subsidy, the paying entity is entitled to take a federal tax credit against payroll taxes. ” Payroll Tax Credits. Voluntary Paid Leave Tax Credits.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40