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Non-Governmental Section 457(b) Plans Need to be Amended by December 31, 2022

Internal Revenue Code ("Code") Section 457(b) plans are only available to a select group of employers – state and local governments and entities that are exempt from tax pursuant to Code Section 501. Earlier this month, the...more

IRS Releases 2023 Cost-of-Living Adjusted Limits for Benefit Plans

The Internal Revenue Service recently announced 2023 dollar limits for qualified retirement plans (including 401(k) plans), deferred compensation plans, and health, and welfare plans. Adjustments to certain limits are based...more

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