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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. Specifically, until taxable years beginning after Dec. The IRS needs your help The IRS also stressed it will be issuing more guidance on this section of SECURE.

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What today’s new college graduates are up against

Vox Open Sourced

Northeastern University students toss their caps at the end of their graduation ceremony on May 11, 2025, at Fenway Park in Boston. What new grads are facing Numbers from the first quarter of 2025 from the New York Federal Reserve show that the unemployment rate for recent college graduates reached 5.8 percent, up from 4.8

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If Raises Aren’t in the Budget for 2025, Consider These Other Rewarding Retention Tactics

Success

Salary increase budgets at U.S. in 2025, up from 3.5% in 2024, according to the latest Salary Budget Planning Report from WTW. If salary raises arent in the budget for 2025, focusing on rewards and recognition is just as crucial, while keeping costs in check. Payroll expenses have surged by 5.5%

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U.K. Sees Sharpest Decline In Job Vacancies Among Similar Countries

Allwork

Indeeds data shows a steady fall in vacancies through 2024 but businesses concerns about hiring have become sharper since finance minister Rachel Reeves announced a 25 billion pound ($32 billion) rise in employer payroll taxes in her Oct. Employers will likely continue with caution when it comes to hiring in 2025, Indeed said.

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Rising Work Stress Surpasses Inflation and AI Anxiety as the Leading Threat to Employee Mental Wellness, Highlighting a Growing Crisis

Allwork

As work stress intensifies, 88% of employees say wellbeing support is as important to them as their salary, yet many feel employers are falling short. Wellbeing is equally important to salary for 88% of global employees, slightly down from 93% in 2023 and up from 83% in 2022.

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Use These 7 Chess Strategies to Secure Grant Funding

Success

Budget: This is the estimated total of how much your project will cost (don’t forget to include your own time and salary). Covers rent, utilities, supplies and payroll. Deadline is April 19, 2025. “I’m the right person/business to do it.” “Now Now is the right time and place.” Deadline is Dec.

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Why New Tax Rules Could Be a Game Changer for Your Business

Entrepreneur.com

By Tom Wheelwright Edited by Maria Bailey Jun 17, 2025 Share Copy Key Takeaways The government wants you to invest in your business — now more than ever The government is shifting what it wants you to invest in Personal tax changes will impact you and your employees Thinking of starting a business? businesses stay globally competitive.

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