Retirement

MarylandSaves Program: What Employers Need to Know

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Most businesses operating in the state of Maryland are now required to offer a retirement savings plan to their employees. You may or may not have received information about this new requirement from the state which ratified it back in September. Read on to learn more about this new legislation and what your business should … Read more

IRS Announces 2022 Limits for Retirement Plans

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The IRS has announced the new retirement plan numbers for 2022. Retirement limits for 401(k) and similar plans are up. The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased to $20,500, up from $19,500. IRA limits have changed for certain savers. If during the … Read more

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