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Do You Know Your Limits?

Everything has its limits, including the Internal Revenue Service. Each October the IRS releases limits for pension plans, retirement savings plans and other retirement related financial plans. Take a minute to review the information below, so you’ll know your limits. Contribution Limits: For 2019, the worker contribution limit to an employer-sponsored retirement savings plan, like […]

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Know the IRS Limits to Help Your Workers

Each October, the IRS releases limits for retirement savings plans and other retirement related financial plans. As an employer, it is important for you to be aware of these changes so you can properly administer your retirement savings plan. Contribution Limits: For 2019, the worker contribution limit to an employer-sponsored retirement savings plan, like the […]

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Be Cautious with Medicare and HSAs

If you or your spouse are approaching age 65 (or are already age 65) and contributing to an HSA, we want you to be aware that enrolling in Medicare or receiving Social Security benefits ends your eligibility to contribute to a health savings account (HSA). How you are affected depends on a number of factors, […]

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