IRS guidance addresses SECURE 2.0’s catch-up contribution dilemma
BMT Office Administration
SEPTEMBER 1, 2023
This is good news for Payroll, which can postpone tracking employees’ salaries and reworking the payroll software ; Benefits, which is probably in the process of making conforming amendments to the 401(k) plan; and employees, who can continue to make catch-up contributions on a pretax basis.
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