Michigan Issues Guidance on Recent Social Security Taxation Changes
By Peter G. Pupke, Esq., Checkpoint News The Michigan Department of Treasury has issued a release explaining the recent changes …
IRS Issues Final SECURE 2.0 Act Catch-Up Regulations
The IRS has issued final regulations addressing SECURE 2.0 Act changes regarding retirement plan catch-up contributions, including optional higher catch-up …
SECURE 2.0 Catch-up Contribution Regs Finalized
The IRS released final regulations in September clarifying the SECURE 2.0 Act’s catch-up contribution requirements for workplace retirement plans, including …
Key 2026 Figures Calculated by Thomson Reuters Checkpoint Based on Inflation Data Now Available
Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These adjustments reflect the average chained Consumer Price …
Saving for Higher Education Costs: Qualified Tuition Plan vs. Roth IRA
Practitioner’s Tax Action Bulletin® Advisory When it comes to saving for a child’s college education, many people assume they should …
Key 2025 Figures Calculated by Thomson Reuters Checkpoint Based on Inflation Data Now Available
Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These adjustments reflect the average chained Consumer Price …
Key 2024 Figures Calculated by Thomson Reuters Checkpoint Based on Inflation Data Now Available
Many tax, expensing, and penalty figures are adjusted annually for cost-of-living increases. These adjustments reflect the average chained Consumer Price …
Yellen Forced to Cut Another Investment in Federal Employees Retirement Funds Due to Debt Limit
The Federal government has stopped its investment in another federal employees’ retirement fund due to its breaching the debt limit …
Retirement Expert: SECURE 2.0’s Impact on RMD Penalty Tax Collection Is TBD
The SECURE 2.0 Act, included in the year-end omnibus bill approved by Congress (Consolidated Appropriations Act, 2023), features 100 retirement provisions that …
Retirement Reform Hits Paydirt in Omnibus Bill
After two years of negotiations and fine-tuning, the Securing a Strong Retirement Act of 2022, or SECURE 2.0 Act of …