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 …
2023 Tax Outlook Pt. 1: Lame Duck Session, Split Congress Expectations
This two-part series forecasts tax developments the remainder of this month and the new year will bring. Part 1 begins …