IRS Limits on Retirement Benefits and Compensation
2024 Retirement Plan Limits
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2023 Retirement Plan Limits
IRS Limits on Retirement Benefits and Compensation
2021 Form 8880
Use Form 8880 to figure the amount, if any, of your retirement savings contributions credit (also known as the saver’s credit). You may be able to take this credit if you, or your spouse if filing jointly, made (a) contributions (other than rollover contributions) to...
2022 Retirement Plan Limits
IRS Limits on Retirement Benefits and Compensation
Waterford Group Named 2020 NAPA Top DC Advisor Teams
March 29, 2021 – The Waterford Group, LLC is pleased to announce that they have been named to the 2020 edition of the National Association of Plan Advisors Top Defined Contribution Advisor Teams.
2020 Form 8880
Use Form 8880 to figure the amount, if any, of your retirement savings contributions credit (also known as the saver’s credit). You may be able to take this credit if you, or your spouse if filing jointly, made (a) contributions (other than rollover...
2021 Retirement Plan Limits
Taxpayers can deduct contributions to a traditional IRA if they meet certain conditions. If during the year either the taxpayer or his or her spouse was covered by a retirement plan at work, the deduction may be reduced, or phased out, until it is eliminated, depending on filing status and income. (If neither the taxpayer nor his or her spouse is covered by a retirement plan at work, the phase-outs of the deduction do not apply.)
Tips to Weather a Turbulent Market
With the recent market volatility, it’s understandable that you may be concerned about your investments.
CORONAVIRUS, AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT FAQ
Amidst the ongoing COVID-19 crisis, the American Retirement Association has been working diligently to push for commonsense solutions that provide Americans with the funds necessary to provide for themselves and their families while at the same time protect the...
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2024 Retirement Plan Limits
Retirement Plan Limits IRS Limits on Retirement Benefits and Compensation *Effective January 1, 2024 202420232022401(k), 403(b), 457 Elective Deferral Limit$23,000$22,500$20,500Catch-Up Contribution Limit (age 50 and older)$7,500$7,500$6,500Annual Compensation...
October 2023 Newsletter
Hardship Distributions Surge: Strategies for a Troubling TrendMore and more workers are taking hardship distributions from their 401(k) accounts, a recent report shows. Bank of America’s June 2023 Participant Pulse study reveals nearly 16,000 participants withdrew...
Smart Portfolio Stress Testing: Your Retirement Safety Net
You've been diligent—saving, monitoring retirement accounts, consulting your advisor. But are you prepared for life's uncertainties? Your retirement plan relies on assumptions: savings, investment duration, inflation, and returns. Life, however, loves throwing...