The Internal Revenue Service announced some very important number companies and employees need to know about health savings accounts, 401(k)s and flexible spending accounts. Note: All of the changes take place in January 2019. 401(k) Pre Tax Limit Increases – Pre-tax contribution limits for employees who participate in a 401(k), 403(b) and most 457 plans increases…
Tag: Retirement
Want To Phase Into Retirement With Reduced Hours?
By: Ashlea Ebeling Employers might not advertise the fact that they offer reduced hours—or phased retirement—for older workers, but if you’re interested, you should ask. Even if your employer doesn’t have a formal phased retirement program, there might be informal options, and both are beneficial to employers and employees, according to a recent… READ MORE