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IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma

BMT Office Administration

31, 2025: Catch-up contributions will be treated as satisfying the Roth, after-tax requirement, even if employees’ contributions aren’t designated as Roth contributions. 24, 2023, and should reference Notice 2023-62. s catch-up contribution dilemma appeared first on Business Management Daily.

Payroll 97
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Companies Are Using This Sneaky Strategy To Avoid Paying Overtime

Allwork

Open-ended exemption tests for employees dictate that individuals working for salaries hardly above the national poverty line can be exempt from overtime payments so long as their employer can create responsibilities that sound administrative. The second test is the salary test, which states that an employee must meet a salary threshold.

Salary 298