by ABGHouston | Jun 30, 2025 | 401k Insight
Congress has to manage conflicting needs when trying to legislate and often this struggle ends with new challenges for taxpayers – both employers and employees. When crafting SECURE 2.0 they were trying to balance the need for current tax revenue with the need to...
by ABGHouston | May 30, 2025 | 401k Insight
The government really, really, really wants small employers to set up a 401(k) plan for their employees. They have provided tax credits to help cover administrative expenses of up to $5,500 for new plans with under 100 eligible employees who offer an Eligible...
by ABGHouston | Apr 17, 2025 | 401k Insight, Retirement Plan Advice
The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) created the catch-up provision, allowing eligible participants to set aside more in contributions to their retirement plans. Employees age 50 and older are Catch-up eligible increasing their...
by ABGHouston | Feb 27, 2025 | Retirement Plan Advice, Retirement Plan News, Student Loans
One of the provisions of Secure 2.0 allows Plan Sponsors to match Qualified Student Loan Payments (QSLPs). Previously we looked at the potential benefits of utilizing this provision. But there is an old saying “nothing in life is free.” Keeping in mind that utilizing...
by ABGHouston | Feb 6, 2025 | 401k Insight, Retirement Plan Advice, Retirement Plan News
One of the provisions of Secure 2.0 allows Plan Sponsors to match Qualified Student Loan Payments (QSLPs). Plan Sponsors often seek to maximize contributions that owners and other key personnel can make to their plans, while minimizing total employer costs. So why...
by ABGHouston | Jan 22, 2025 | Retirement Plan News, Uncategorized
Many companies will be forced to give raises in 2025. In these post-COVID, high times many companies are struggling with employee retention and/or increased employee cost causing pricing pressures on their goods or services. A great idea to solve both problems is to...
by ABGHouston | Nov 5, 2024 | Alliance Benefit Group
We are pleased to provide you with the recently released cost of living adjustments that affect the dollar limits for the retirement plans for the 2025 tax year. There are 3 items of particular note in the 2025 numbers: The increases to the dollars limits for...
by ABGHouston | Aug 11, 2021 | Legislative Impacts, Retirement Plan Advice, Retirement Plan News, Uncategorized
The Biden Administration has proposed several changes to the tax treatment and availability of qualified retirement plans as we move forward in 2021. Following is a summary of some of these potential retirement plan provisions that may impact plan sponsors and...
by ABGHouston | May 15, 2019 | 401k Insight, financial, Millenials, Retirement Plan Advice
Student loan debt in America now totals more than $1.5 trillion according to the St Louis Federal Reserve.* In addition, the most recent Survey of Household Economics and Decision-Making from the Federal Reserve Board indicates that 42% of Americans who have attended...
by siteadmin | Dec 30, 2016 | Alliance Benefit Group, Holidays and Events
Can you believe 2016 is ending and 2017 is just around the corner? It has been a big year at Alliance Benefit Group and we want to take a few minutes to reflect on the year behind us as we greet 2017 with great expectation for what is yet to come. Here are few...
