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 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 | 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 5, 2016 | 401k Insight, Alliance Benefit Group, Retirement Plan News
Retirement plan assets are becoming more “balanced.” Over the past several years, 401(k) participants have increased their overall allocation to balanced funds. According to data analyzed by the Employee Benefit Research Institute (EBRI) and the Investment...
