IRS

The IRS has increased the 401(k) plan contribution limits for 2023

VanceWealth Retirement

The IRS has increased the 401(k) plan contribution limits for 2023. Millions of Americans can save more in their retirement accounts in 2023 due to inflation adjustment increases to contribution limits recently updated by the Internal Revenue Service. The higher limit contributions offer significant savings opportunities. Please see our updated fact sheet for more details. Please see our updated Retirement Plan Limits Fact Sheet Don’t miss out on this great opportunity to save more for retirement. We encourage you to …

2 Achieve More Entrepreneur Edition SS edits 1016x677 - Attract Top Talent With Superior Benefits - Employee Financial Wellness

Attract Top Talent With Superior Benefits – Employee Financial Wellness

Shanele Stoll Business Owner

As an employer, it’s easy to dismiss your employee’s financial wellness as a personal matter. If it affects business, however, then it becomes your business. An annual PwC Employee Financial Wellness Survey found that 35% of employees are distracted at work due to financial matters. Additionally, a study by Fidelity Investments found that employees with high debt miss more work on average than those with minimal debt. To make matters worse, 45% of Baby Boomers have no retirement savings at all, according …