Qualified Retirement Plan Annual Limitations
Each retirement plan year, the annual compensation plays a crucial role in determining how employer contributions are allocated among participants, including their own deferrals or voluntary after-tax contributions.
Did you know in 2024 you and your employees can contribute $23,000 to your 401(k)-retirement plan, plus another $7,500 if you are over age 50?
A Detailed Overview:
Our team of specialists are here to walk your company through the in and outs of your retirement plan… every step of the way.