Month: September 2024

IRS May Allow Employees to Allocate Employer Retirement Plan Contributions to Other Benefits

In a recent PLR from the IRS, an interesting optional approach to allow an employee to direct their employer contributions to a qualified retirement plan (such as a 401(k) plan) opens the door to some possibilities for employers looking to expand their benefit offerinngs without increasing costs.

Posted on September 18, 2024 By Kushner & Company
Categories: 
401(k), 
Administration, 
Blog, 
Combo Plans, 
Defined Contribution Plan, 
Plan Document Services (RPS), 
Profit Sharing, 
Retirement Plans, 
Team Rewards
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IRS Releases 2025 ACA Affordability Percentage

The IRS has released the 2025 ACA affordability percentage. Applicable Large Employers (ALEs) are subject to the affordability rules of the ACA. ALEs are defined as those employers who have 50 or more full-time equivalents during the appropriate Measurement Period.

Posted on September 9, 2024 By Kushner & Company
Categories: 
Benefits, 
Blog, 
ERISA-ACA Compliance, 
Health and Welfare Team
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